Diversion Scheme Faked Origin Of $440M In Drugs, US Says

Law360, New York (December 14, 2012, 1:41 PM EST) -- Three wholesale prescription drug distributors and 23 people ran a multistate prescription drug-diversion and money-laundering scheme that misrepresented the source of over $440 million in prescription drugs and reaped over $650 million in ill-gotten gains, federal authorities said Thursday.

A 61-count indictment unsealed in Puerto Rico federal court accuses Martin Thuna, the three drug wholesale distribution companies he owns and 22 co-defendants of misrepresenting the source of $440 million worth of diverted drugs purchased by the distributors at steep discounts and sold to chain and independent...
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