Former Billionaire John Kapoor Convicted In Opioid Bribery Trial

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Former Billionaire John Kapoor Convicted In Opioid Bribery Trial
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Former billionaire John Kapoor has been convicted in the opioid bribery trial by mtindera07

:"My involvement is I am an investor." He said,"As an investor I'm on a board. As a board member and an investor you are involved, but you are not involved in day-to-day operations, and that's where the problems come in."

The next year in October 2017 he was indicted by the Department of Justice on racketeering and other charges related to conspiracy to bribe doctors—the same day that President Trump declared the opioid crisis a public health emergency. KapoorSix others from the company had been indicted on charges in December 2016, and two, former CEO Michael Babich and former vice president of sales Alec Burlakoff, pleaded guilty before this year's trial began.

Last December Kapoor's net worth, based mostly on his stakes in Insys Therapeutics and generic drug firm Akorn, hadThis post will be updated.

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