Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.The former CEO of a major drug distribution company is the first to face criminal charges related to America's opioid crisis.
Laurence Doud III, the former CEO of Rochester Drug Co-Operative, was indicted Tuesday by a federal grand jury in Manhattan on charges of narcotics conspiracy and conspiracy to defraud the Drug Enforcement Administration. He is accused of distributing tens of millions of oxycodone, fentanyl, and other opioids that Rochester's own compliance department allegedly found had no legitimate need for them.
The U.S. Attorney's Office for the Southern District of New York is expected to hold a news conference regarding the charges on Tuesday afternoon.Tom Winter is a producer and reporter for the NBC News Investigative Unit based in New York, covering crime, courts, terrorism, and financial fraud on the East Coast.
Wasn't Oliver North part of Noreiga's drug cartel?
PREDICTION: Doud and his 'senior team members' get off with some fines, serve no jail time and laugh ALL THE WAY TO THE BANK with the billions they made off of their scheme and realDonaldTrump 's GENEROUS tax scam to benefit the wealthy. Then back to 'business as usual'!
have not lowered the deaths at all but increased them as people trying to self medicate look to illegal drugs. Addicts will get addicted regardless, this only hurts legitimate pain patients who face mounting restrictions every day simply for existing!!!
So where is the opioid epidemic stemming from?
It’s about time .... let’s get serious about banking violations too
See this is going to make it harder for people who use opiates like myself... what about the people who really need this drug like myself... I guess we will live in pain
What about Congress? They legalized the behavior.
Cut a deal and tell us who else is getting FAVORS for drugs..
A democrat, right?