Srinivasa Raju was charged with conspiring to violate the federal Anti-Kickback Statute.
The alleged $1.9 million kickback scheme had been going on since at least January 2019, according to the Justice Department. Court documents said Mr. Raju first handed gift card bribes to fellow pharmacy employees to deliver to a physician, but soon switched to cash and checks.
Mr. Raju faces a maximum of five years in prison. He also faces a fine of $250,000 or twice the gross gain or loss derived from the alleged scheme, whichever is greater.
More articles on pharmacy:
Pfizer expecting OK to store vaccines at higher temperature, New York Times reports
CVS expands COVID-19 vaccinations to 17 states
White House again increases weekly vaccine doses sent to states
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
