New charges filed against FedEx over pharmacy shipment lawsuit

The DOJ has filed additional charges against FedEx (NYSE:FDX) relating to its previous lawsuit which accused the shipping company of distributing controlled substances from illegal online pharmacies.

The new indictment charges FedEx with conspiracy to launder money, stating that the company collected payments on some prescriptions to return to the issuer.

"FedEx, of course, requires customers to pay for our services," says SVP of Marketing & Communications Patrick Fitzgerald. FedEx's "collect on delivery service," which collects a payment to send back to a shipper, "is available to all of our millions of FedEx Express customers."

The company plans to plead not guilty on the new charges.

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Comments (2)
    , contributor
    Comments (196) | Send Message
    Can someone explain if this is what it looks like, another Obama/Holder attempt at controlling pharmaceutical sales that are outside of Obamacare's control or is there something else going on here?
    17 Aug 2014, 01:06 PM Reply Like
  • Trader's Profit Compass
    , contributor
    Comments (2072) | Send Message
    Holder sees the bank heist routine winding down........easy pickins; now he will begin to fleece other sectors.
    17 Aug 2014, 05:56 PM Reply Like
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