(photo credit: Courtesy)
Dr. Amos Buchnik and Arik Klein were arrested at 8:30 a.m. on Sunday by
the Tel Aviv District Police fraud squad over allegations that they developed a
fictitious medical patch in 2009, which at the time was exposed by
Buchnik and Klein are suspected of fraud and forgery, based on an
investigation that lasted several months, during which the police gathered
evidence and documents.
Buchnik owns SafeSky Software Ltd., which owns
the rights to the Life Keeper “miracle patch”, a device that allegedly prevents
heart attacks. Last month, he testified in court that he did not believe that
Klein, who invented the patch, had carried out a sting on him, despite reports
about Klein’s dubious conduct.
“There was no sting. There is a patch, and
there is a deal,” he said in the libel suit he and Klein filed against Globes
with the Petah Tikva Magistrates Court.
In July 2009, Buchnik and Klein
claimed to have sold a 37 percent stake in the Life Keeper device to Taiwan
computer hardware manufacturer Micro- Star International Co. Ltd. for $370
million. The deal sounded incredible, both because of the amount of money
involved and the product’s scientific breakthrough. Moreover, those in the
Israeli medical and life science industry had never heard of the product or the
It quickly emerged that the alleged product had no patents or
certification from the US Food and Drug Administration (FDA). MSI denied that
there was a deal and said that it had never heard of the
Besides Buchnik and Klein, no employees could be found for
the company, and no doctors existed who had tested the device at any medical
center. A computer store in Petah Tikva claimed that Klein had bought an RFID
chip that closely resembled the patch that he and Buchnik had
Moreover, Klein had been jailed for six years for fraud when
he allegedly developed the device alone.
The two were set to be brought
before the Tel Aviv Magistrates Court for remand later Sunday.