Biopure Exec Gets 3 Years For Fake Cancer Defense

Law360, New York (October 6, 2009, 6:23 PM EDT) -- A federal judge has sentenced the former head of regulatory affairs at Biopure Corp. to the maximum three years in prison and a $50,000 fine for faking terminal colon cancer to duck a fraud suit launched by the U.S. Securities and Exchange Commission.

In a hearing on Monday, Judge Mark L. Wolf of the U.S. District Court for the District of Massachusetts slapped Howard Richman with a hefty fine, 36 months in custody and 36 months under supervised release for obstruction of justice.

Richman, who pled...
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