The chief financial officer who tracked kickback payments to facilitate the spinal kickback scheme at Pacific Hospital of Long Beach will not serve time in prison, a reward for the substantial assistance he has provided prosecutors since sentencing.
James L. Canedo was ordered to serve 366 days in federal prison in February under terms of a 2015 agreement to plead guilty to a single conspiracy charge. He was also ordered to forfeit $633,091 in criminal proceeds.
He was ordered to start serving his sentenced Nov. 12 but scored a last-minute reprieve Nov. 8 when the U.S. Distric...
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