FedEx Now Faces Money Laundering Charges

     SAN FRANCISCO (CN) – FedEx faces three additional charges of conspiring to launder money, in addition to distributing and delivering controlled substances for illegal Internet pharmacies, federal prosecutors said in a superseding indictment.
     A federal grand jury indicted FedEx in July on 15 charges of distributing controlled and misbranded drugs and conspiracy.
     Prosecutors said that federal law enforcement officials had warned the shipping giant at least six times since 2004 that illegal pharmacies were using its package delivery service to ship prescription drugs and other controlled substances to customers without doctors’ prescriptions.
     FedEx knew about the scheme but shipped the drugs anyway, prosecutors said in the original indictment.
     On Thursday, the grand jury issued a superseding document that adds three charges of conspiracy to launder money against FedEx, for demanding and accepting payment to ship drugs for dozens of online pharmacies and their customers – including known drug addicts.
     If convicted of all charges, FedEx faces fines of up to $820 million.

%d bloggers like this: