Cockerell along with co-accomplices prescribed costly compounded medications by offering them supposed "investment opportunities" that allowed them to benefit from the pharmacy's profits.
A pharmaceutical marketer from Texas has been given a sentence of two years and five months behind bars. According to the Justice Departments press release, they have been instructed to pay back more than $59 million for their involvement in a scheme to deceive the United States, accepting unlawful kickbacks for referrals related to compounded medications, and engaging in money laundering.
Court records and trial evidence revealed that Quintan Cockerell, a 43-year-old resident of Palos Verdes Estates, California, a medical marketer, collaborated with accomplices to develop and promote costly compounded medications that were not medically necessary. Cockerell and his associates utilized pre-filled prescription pads that highlighted the pricy formulations for doctors to conveniently choose from.
Cockerell and his accomplices at the compounding pharmacy devised a scheme where they used "standing orders" to switch ingredients in prescribed medications, boosting insurance reimbursements.
Cockerell along with co-accomplices prescribed costly compounded medications by offering them supposed "investment opportunities" that allowed them to benefit from the pharmacy's profits. Additionally, they treated doctors to extravagant trips to destinations like Las Vegas, Mexico, and the Grand Caymans.
The pharmacy tried to hide the illegal kickbacks Cockerell got by paying his wife as a fake employee. During the trial, it was revealed that Cockerell's wife never actually worked at the pharmacy, but Cockerell used her email to communicate with them and received kickback checks in her name. He then used the money from the kickback scheme. In October 2023, a federal jury in the Northern District of Texas found Cockerell guilty of conspiracy to defraud the United States, receiving kickbacks, and money laundering.
THANK YOU FOR YOUR TIME
DISCLAIMER
The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of The Steven Wick Blog. Any content provided by our bloggers or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything.
If you decide to purchase any item using our authorized referral/affiliate links, be aware, we may receive a portion of the sales as commission, i.e. if you purchase a product/service.
To shop, select or click buttons, links or images, you will be redirected to product pages. Please, carefully research before you purchase. Feel free to share and leave a comment, we would love to hear from you. Your feedback is very important to us.
For more like this, music, literature, news, fashion, savvy political commentary, and fascinating features, sign up for the Steven Wick News Letter.
We here at the Steven Wick Blog are so proud of our work, we’d like to thank you for being a part of our community. However, our mission to share so much from music, literature, lifestyle to fashion is a 24/7 undertaking! We need your help to continue our work. Your financial donation will help us not only keep the lights on, but enable us run many more stories in the future to come. DONATE HERE
Message Of Gratitude
We deeply appreciate your contribution in making our blog the top brand among customers.
Without you as our readers, we wouldn't have achieved this level of success. Your satisfaction is our utmost priority, and we assure you that we will always be a reliable source for your entertainment needs.
Your trust in us is invaluable, and we are grateful for your generous donations as our readers.
A number of you took an extra effort and opted to contribute as monthly donors. By doing so, your generous contribution is multiplied by twelve throughout the year, thereby amplifying the impact you have on our work. Your dedication truly makes a significant change, and we sincerely appreciate your valuable support.
Your support has been instrumental in our brand's success.
Thank you for being with us throughout the past year.
As we continue to grow and enhance our business, we pledge to prioritize your needs and interests.
Best Regards
The Steven Wick Team
Comments