President of pharmalogical and medical device king sentenced to 5 years in prison for sales of counterfeit drugs
In 2014, the Department of Justice broke up one of the largest wholesale counterfeit drug operations in the United States. Specializing in many of the cold-chain oncology medications required by cancer patients, William Scully and his co-conspirators imported their fakes into the United States and then sold them to unsuspecting medical practices while claiming the drugs were genuine and FDA-approved.
William Scully, President of Pharmalogical, Medical Device King, and Taranis Medical Corp, has been sentenced to 5 years in prison and ordered to forfeit nearly $900,000 in ill-gotten gains, reports the Department of Justice (DOJ). Two years earlier Scully was convicted of 64 charges ranging from wire and mail fraud, to violations of the Food, Drug & Cosmetic Act, unlicensed prescription drug wholesaling, and conspiracy.
According to the DOJ, Scully’s convictions were the result of his “leadership role in a long-running scheme to sell misbranded and unapproved pharmaceutical products, including chemotherapy drugs for infusion into Stage 4 cancer patients, to medical providers across the United States. Evidence elicited at trial from 40 witnesses established that Scully deceived a wide array of doctors and cancer clinics into believing that he was selling legitimate FDA-approved products when, in reality, he was selling unapproved products imported through a series of unidentified middlemen in Turkey and elsewhere overseas. Many of the products Scully sold were highly sensitive, so-called “cold-chain” biologic drugs that did not have FDA-required warnings of potentially deadly side effects.”
Scully was the owner and operator of Pharmalogical, MDK, and Taranis. All together, these three wholesale companies sold more than $17 million in “bait-and-switch” transactions, where Scully would advertise to medical practitioners that he was offering FDA-approved medication, then would send out instead misbranded & non-FDA approved drugs, which in several cases turned out to be counterfeit, the DOJ reports. Safemedicines.org