Federal authorities have caught up with a drug wholesaler who bought more than $55 million worth of stolen drugs, put them back into the legitimate supply chain, then falsified "drug pedigrees," to try and hide the scheme. The case is another in a series of arrests or convictions as it continues to press on cargo theft and warehouse crimes.
Altec Medical has been sentenced to pay a $2 million fine and forfeit $1 million after it was found buying the illegally obtained drugs, the FDA reports. Federal authorities say when the Easley, SC-based company bought the prescription medications from William D. Rodriguez, it knew he was fencing them from parties that obtained them illegally. Altec has also been placed on a year's probation.
Read more: SC company guilty of wholesaling $55 million in stolen drugs - FiercePharma Manufacturing http://www.fiercepharmamanufacturing.com/story/sc-firm-guilty-wholesaling-55-million-stolen-drugs/2012-08-21#ixzz24NXn4hmu
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