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Title: Drug company founder John Kapoor arrested for alleged opioid scheme
Source:
From The Trenches/CBS News
URL Source: http://fromthetrenchesworldreport.c ... d-alleged-opioid-scheme/210696
Published: Oct 30, 2017
Author: CBS News
Post Date: 2017-10-30 10:43:48 by Deckard
Keywords: None
Views: 276
Comments: 3
CBS News Federal agents arrested the founder of a major drug company in an early-morning raid Thursday on charges stemming from an alleged scheme to get doctors to illegally prescribe a powerful opioid to patients who don’t need it. John Kapoor, 74, was taken into custody in Phoenix, Arizona. Kapoor is the billionaire founder and former CEO of the pharmaceutical company Insys Therapeutics. He faces charges including racketeering, conspiracy, bribery and fraud. Kapoor is the most significant pharmaceutical executive to be criminally charged in response to the nationwide opioid crisis. Brian Kelly, an attorney for Kapoor, said his client “is innocent of these charges and intends to fight the charges vigorously.” Kapoor stepped down as CEO of Insys in January but still serves on its board. The company makes a spray version of fentanyl, a highly addictive opioid intended only for cancer patients. Authorities allege Insys marketed the drug as part of a scheme to get non-cancer doctors to prescribe it. Numerous physicians were allegedly paid bribes by the company to push the painkilling drug. CBS News correspondent Jim Axelrod reports Insys made 18,000 payments to doctors in 2016 that totaled more than $2 million. CBS News has identified headache doctors, back pain specialists and even a psychiatrist who received thousands of dollars to promote the drug last year. A federal judge on Thursday set bail for Kapoor at $1 million and ordered him to wear a electronic monitoring bracelet and to surrender his passport, CBS News’ Pat Milton and Laura Strickler report. Last December, six other Insys executives were indicted on federal charges in Boston in connection with the alleged scheme to bribe doctors to unnecessarily prescribe the painkilling drug.
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#1. To: Deckard (#0)
(Edited)
The Tiiiiimes they are a chaaaangin'! [President Trump Delivers Remarks on Combatting Drug Demand and the Opioid Crisis]
Give him his due process - and then: String his parasitic arse from a lamp post and let it rot in public as a warning to other "entrepreneurs" in the parasite bidness.
Must be depressing seeing a hero of yours get his just deserts, huh? Wonder how many veterans and others his drugs have killed?
#2. To: Deckard (#0)
(Edited)
John Kapoor, 74, was taken into custody in Phoenix, Arizona. Kapoor is the billionaire founder and former CEO of the pharmaceutical company Insys Therapeutics. He faces charges including racketeering, conspiracy, bribery and fraud.
#3. To: Gatlin (#0)
John Kapoor, 74, was taken into custody in Phoenix, Arizona. Kapoor is the billionaire founder and former CEO of the pharmaceutical company Insys Therapeutics. He faces charges including racketeering, conspiracy, bribery and fraud.
“Truth is treason in the empire of lies.” - Ron Paul
Those who most loudly denounce Fake News are typically those most aggressively disseminating it.
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