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Prosecutors charge that Mr. Zarro, 52, would lure successful business people and wealthy investors into carefully prepared business proposals where they would be asked to make significant upfront payments, sometimes in the millions, that he would then use to support an extravagant lifestyle.
A significant upfront investment in research and development is a prerequisite in the commercialization of biosensors.
Two years ago, the inspector general of what is now called the Centers for Medicare and Medicaid Services issued an informal advisory opinion, asserting that substantial upfront payments "appear to pose a significant risk of fraud and abuse".
Options are likely to be spelt out, including the possibility of full repayment over a longer time, of 10 or 15 years, or a one-off upfront payment at a significant discount to the money owed.
Ms. Bartz said Wednesday that the steady future revenue Yahoo would receive was more important than a large upfront payment.
Tesco offers the same iPhone for £14.50 a month with more minutes per month but a £60 upfront payment.
But a half-century deal with a huge upfront payment is another matter.
The talks included discussion of a large upfront payment from Microsoft.
Surgery, that is a big upfront payment you have to make out of pocket".
Instead of asking for a big upfront payment, it leases the systems.
The group received a huge upfront payment, while Cohl recouped his outlay through ticket sales, sponsorship, merchandising and broadcasting rights.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com