July 18, 2014
Fed Ex Charged With Distributing Illegal Drugs
[From article]
FedEx Corp. was indicted for delivering prescription pain pills, sedatives, anti-anxiety drugs and other controlled substances for illegal Internet pharmacies. A conviction could be “material,” the company said today in a regulatory filing.
The operator of the world’s largest (FDX:US cargo airline was charged by the U.S. with 15 counts of conspiracy to distribute controlled substances and misbranded drugs and drug trafficking that carry a potential fine of twice the gains from the conduct, alleged to be at least $820 million for it and co-conspirators.
Yesterday’s indictment in San Francisco federal court comes more than a year afterUnited Parcel Service Inc. UPS:US agreed to forfeit $40 million in payments it received from illicit online pharmacies under a non-prosecution agreement with the U.S. Justice Department.
[. . .]
The company knew it was delivering drugs to dealers and addicts, with couriers in Kentucky, Tennessee and Virginia expressing concerns circulated to senior managers that FedEx trucks were stopped on the road by online pharmacy customers demanding packages of pills, according to the indictment. Some delivery addresses were parking lots or vacant homes, prosecutors said.
http://www.businessweek.com/news/2014-07-17/fedex-indicted-for-distributing-controlled-drugs-online
FedEx Indicted for Shipping Drugs for Online Pharmacies
By Karen Gullo and Mary Schlangenstein
July 18, 2014
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