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Updated:Jul 2010
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2009
Further Conspirator Receives Confiscation Order
On the 18th of March 2009 at Kingston Crown Court a man aged 60 of South East London pleaded guilty to three counts of evading the prohibition of wholesale dealing. He was sentenced to a fine of £250 for each count.
The was part of a conspiracy dealing in fake pharmaceuticals. Three of his conspirators have already received confiscation orders with more hearings scheduled for further conspirators.
The man's company, Imex Corporation, was a company licensed by the Medicines and Healthcare Regulatory Agency (MHRA) to wholesale deal in pharmaceutical products. Between 1st December 2003 and 30th April 2004, he purchased counterfeit Cialis, a licensed and patent protected erectile dysfunction pharmaceutical product, for onward supply to customers.
An officer from MHRA, on attachment to London RART, carried out the financial investigation on the man which resulted in a confiscation order being made on the 18th of March 2009 for
£79,980.55
. He was given 6 months to satisfy the order or he will face 18 months imprisonment.
London RART are pleased with this result which has brought another conspirator in a global counterfeit pharmaceutical ring to justice and ensured that he will have the financial gains, derived from his crimes, confiscated.
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