John Kapoor

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Person.png John Kapoor   ZoominfoRdf-icon.png
(businessman)
John Kapoor.jpg
BornJohn Nath Kapoor
1942
Amritsar, India
NationalityIndian, American
Alma materInstitute of Chemical Technology, SUNY Buffalo
Children4
SpouseEditha Kapoor
Founder ofInsys Therapeutics
US billionaire found guilty of bribing doctors to prescribe opioids.

John Kapoor is the US billionaire founder of Insys Therapeutics. As of 2017, he was a majority owner of the company. In October 2017 he was arrested along with 5 other people for fraud and racketeering.[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]

Guilty verdict

"Kapoor, 76, was found guilty of running a wide-ranging scheme to bribe doctors nationwide by retaining them to act as speakers at sham events at restaurants ostensibly meant to educate clinicians about its fentanyl spray, Subsys."[4]

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References