Difference between revisions of "John Kapoor"

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|birth_place=943 (age 74–75), Amritsar, India
 
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|birth_name=John Nath Kapoor
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'''John Kapoor''' is the US billionaire founder of [[Insys Therapeutics]]. As of 2017, he was a majority owner of the company. He was arrested for [[fraud]] and [[racketeering]] in 2017.<ref>http://www.washingtontimes.com/news/2017/oct/26/justice-department-indicts-pharmaceutical-ceo-opio/</ref>
 
'''John Kapoor''' is the US billionaire founder of [[Insys Therapeutics]]. As of 2017, he was a majority owner of the company. He was arrested for [[fraud]] and [[racketeering]] in 2017.<ref>http://www.washingtontimes.com/news/2017/oct/26/justice-department-indicts-pharmaceutical-ceo-opio/</ref>

Revision as of 10:24, 30 October 2017

Person.png John Kapoor   ZoominfoRdf-entity.pngRdf-icon.png
(businessman)
John Kapoor.jpg
BornJohn Nath Kapoor
1942
943 (age 74–75), Amritsar, India
NationalityIndian American
Alma materInstitute of Chemical Technology, SUNY Buffalo
Children4
SpouseEditha Kapoor
Founder ofInsys Therapeutics

John Kapoor is the US billionaire founder of Insys Therapeutics. As of 2017, he was a majority owner of the company. He was arrested for fraud and racketeering in 2017.[1]

Arrest

He was charged in 2017 by the US DOJ with racketeering and fraud, along with six former executives at Insys. He allegedly paid doctors and pain clinics in various states to write “large numbers of prescriptions” and using bribes and other illegal means to get health insurance providers to cover the prescriptions.[2]

He was released on $1M bail, electronically tagged and his passport was taken.[3]

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References