The Sacklers real Drug dealers that should get asset forfeiture

So many executive orders, so much twitter. What to do? Well, discuss it here for one...

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TrueTexan
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The Sacklers real Drug dealers that should get asset forfeiture

#1 Post by TrueTexan » Fri Sep 13, 2019 7:47 pm

The New York attorney general’s office filed court documents Friday accusing members of the Sackler family, which owns OxyContin maker Purdue Pharma, of secretly transferring around a billion dollars from the company to themselves while they fight a lawsuit over the company’s role in the U.S. opioid epidemic.

The filing comes a few days after reports emerged that the company had tentatively reached a settlement in the lawsuit brought forth by nearly two dozen state attorneys general as well as more than 2,000 cities and counties, all accusing the drugmaker of fueling the country’s sweeping opioid crisis.

However, New York is among several states that don’t think the settlement ― rumored to be worth $10 billion to $12 billion ― is fair. In Friday’s filing, the state claims members of the family have been siphoning off millions to their own bank accounts to lessen what the company could be required to pay out in a settlement.

“While the Sacklers continue to lowball victims and skirt a responsible settlement, we refuse to allow the family to misuse the courts in an effort to shield their financial misconduct,” New York Attorney General Letitia James said in a statement.

“Records from one financial institution alone have shown approximately $1 billion in wire transfers between the Sacklers, entities they control, and different financial institutions, including those that have funneled funds into Swiss bank accounts,” she continued.

In Friday’s filing, James’ office asks the courts to subpoena documents from financial institutions that the Sackler family has done business with.

“It is elementary, however, that how the Sacklers moved and tried to hide their money will be key evidence of the liability of all of the participants,” the filing read.

The Sackler family has contested the thousands of legal actions against their company and continually denied any culpability for the opioid crisis, which claims more than 130 lives every day in the U.S., according to the U.S. Centers for Disease Control and Prevention.

Friday’s development comes just over a month before the massive case’s federal trial is scheduled to begin in mid-October in Cleveland, Ohio.
I’m not a fan of asset forfeiture in most cases unless it is a proven guilty drug kingpin like El Chapo. But in this case I would like to see the book thrown at these sleaze balls. El Chapo knew what he was doing and those that worked with him and bought his drugs knew it also.

This Sackler family knew what they were doing was wrong but they tried to pretend they were angels of mercy helping those poor people needing pain meds and anybody else they could get addicted.
Facts do not cease to exist because they are ignored.-Huxley
The illegal we do immediately; the unconstitutional takes a little longer-Kissinger
Reasoning will never make a Man correct an ill Opinion, which by Reasoning he never acquired.-Swift

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Re: The Sacklers real Drug dealers that should get asset forfeiture

#2 Post by highdesert » Fri Sep 13, 2019 8:43 pm

I agree the Sacklers should have to suffer more than just giving up control of Purdue. And executives of Purdue should also have to pay a penalty. These are civil lawsuits, wish DOJ would do their job and criminally prosecute them.
"Everyone is entitled to their own opinion, but not their own facts." - Daniel Patrick Moynihan

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Re: The Sacklers real Drug dealers that should get asset forfeiture

#3 Post by K9s » Fri Sep 13, 2019 11:07 pm

If you are a small-time drug dealer, the book is thrown at you.

These guys? Treat them like the drug kingpins that they are. Or treat everyone like you treat the wealthy. EQUAL justice under the law.
The border between civilization and savagery is porous and patrolled by opportunists. Resist fascism. Vote like your democracy depends on it.

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Re: The Sacklers real Drug dealers that should get asset forfeiture

#4 Post by YankeeTarheel » Fri Sep 13, 2019 11:15 pm

highdesert wrote:
Fri Sep 13, 2019 8:43 pm
I agree the Sacklers should have to suffer more than just giving up control of Purdue. And executives of Purdue should also have to pay a penalty. These are civil lawsuits, wish DOJ would do their job and criminally prosecute them.
As long as the Sacklers support Trump, the DOJ won't touch them. Trump has destroy the Dept of Justice, willfully, deliberately, and criminally.
If you tell the truth you don't have to remember anything." -- Mark Twain
My son says: "Don't argue with an idiot. They'll only drag you down to their level and beat you with experience!" -- YT

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Re: The Sacklers real Drug dealers that should get asset forfeiture

#5 Post by K9s » Fri Sep 13, 2019 11:34 pm

I assume states can fill in the gap? They have every reason to do it.
The border between civilization and savagery is porous and patrolled by opportunists. Resist fascism. Vote like your democracy depends on it.

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Re: The Sacklers real Drug dealers that should get asset forfeiture

#6 Post by highdesert » Sat Sep 14, 2019 9:19 am

Report that the New York AG found a billion that the Sacklers had tucked away. Keep digging, they probably have more. I've given up looking for leadership from Trump's DOJ.
"Everyone is entitled to their own opinion, but not their own facts." - Daniel Patrick Moynihan

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