Ex-Rite Aid VP, NJ Businessman Get Jail In $13M Fraud Plot

Law360, Philadelphia (November 17, 2016, 3:19 PM EST) -- A former Rite Aid Corp. vice president and a New Jersey business owner were both sentenced to prison Wednesday by a Pennsylvania federal judge for their roles in an alleged nine-year kickback scheme involving the sale of surplus inventory from the pharmacy.

Former Rite Aid Vice President Timothy P. Foster, 66, received five years in prison. The Portland, Oregon resident pled guilty in February 2015 to an information charging him with false statements to authorities.

Jay Findling, 55, owner of New Jersey-based J. Finn Industries LLC, received four years. He pled guilty to an information charging him with conspiracy to commit...

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