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Florida Physician Pleads Guilty to Conspiracy to Commit Mail and Wire Fraud

Seeded on Tue Feb 21, 2012 5:55 PM EST
Read ArticleArticle Source: United States Department of Justice
us-news, united-states, justice-department, criminal-investigations, civil-division, attorney-anne-porter, michael-schoenwald
Seeded by Par4TheCourse
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Sold Prescription Drugs Purchased at Discounted Rates to Seller of Diverted Drugs

Michael Schoenwald of Hollywood, Fla., has pleaded guilty before Judge Herman Weber in Cincinnati to one count of conspiracy to commit mail and wire fraud in connection with a drug diversion scheme in which he was involved, the Justice Department announced.

The government information alleged that Dr. Schoenwald purchased prescription Lupron, an injectable drug used to treat prostate cancer, at discount rates due to his status as a health care provider.   Governing law prohibited Schoenwald from re-selling the drugs, and his agreement with the manufacturer provided that he would not do so.  

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Par4TheCourse

Nevertheless, Schoenwald sold the Lupron to Gregory Pfizenmayer, who, in turn, sold the drugs to legitimate wholesalers in Ohio and elsewhere. Pfizenmayer sold the drugs accompanied by documents, required by law, that contained false information about the source of the drugs. A co-conspirator arranged the transactions between Schoenwald and Pfizenmayer. Pfizenmayer pleaded guilty to one charge of conspiracy to commit mail and wire fraud in February 2011 and awaits sentencing.

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Reply#1 - Tue Feb 21, 2012 5:56 PM EST
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