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Story perspectives

Former Charlton Athletic Owner Charged with Fraud Scheme

1/23/2026

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Story summary
  • Thomas Sandgaard, the former owner of Charlton Athletic (2020–2023), has been charged with fraud by United States Attorney's Office.
  • The indictment from a Rhode Island federal grand jury cites 15 charges tied to his tenure as Zynex chief executive.
  • The indictment alleges Sandgaard and chief operating officer Anna Lucsok devised a scheme to obtain millions from government and private healthcare payers and patients.
  • Sandgaard has not commented on the charges.