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Thread: Hi-Tech Pharmaceuticals, CEO Jared Wheat indicted!

  1. #1
    Join Date
    Jul 2001
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    131,709

    Hi-Tech Pharmaceuticals, CEO Jared Wheat indicted!

    Breaking News Update!! Everyone read and spread the word!!!

    HI Tech Pharmaceutical has been indicted for more than 20 counts!


    1. Manufacturing, distributing, selling Anabolic Steroids

    2. Selling schedule III controlled substances drug as dietary supplements

    3. Fraud and CONSPIRACY

    4. Selling DMAA (ordered to stop manufacturing immediately)

    5. Wire Fraud

    6. Money Laundering

    The list goes on and on....

    (Official indictment PDF's for your review)
    Attached Files Attached Files
    Every man has the ability to be a fool, it is what he does to recover that shows who the fool really is.
    ~Anonymous~

    Those who believe that they are exclusively in the right are generally those who achieve something.
    ~Aldous Huxley~


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  2. #2
    Join Date
    Apr 2007
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    18,336
    From what I have read, the hammer was brought down because they were selling generic drugs (slightly altered) cheaper than prescription, circumventing the fda entirely and taking money out of fatcat pharma companies.

    Let this be a lesson, make sure your competitors don't have billions.

    The indictment is getting propagandized with, "the drugs were being manufactured in an unsanitary house in belieze".

    This is about money like all things. Not public safety.

  3. #3
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    Jul 2001
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    His Brands this affects...
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

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    Every man has the ability to be a fool, it is what he does to recover that shows who the fool really is.
    ~Anonymous~

    Those who believe that they are exclusively in the right are generally those who achieve something.
    ~Aldous Huxley~


    Completely Cleanse Your Body of Steroids in Only 5 Days! - www.SteroidCleanse.com



    Help Stop Steroid Abuse - Click Here!

  4. #4
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    Some well known companies/brands there. This will probably cause them some grief, but hopefully no financial or business implications.
    There are 3 loves in my life: my wife, my English mastiffs, and my weightlifting....Man, my wife gets really pissed when I get the 3 confused...
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  5. #5
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    Jan 2011
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    Ouch, sounds like he was bad man

  6. #6
    Join Date
    Jan 2013
    Location
    CT
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    Here’s a good video that sums up what’s going on with Jared

    https://youtu.be/WHFw1ESD8Ws


    Sent from my iPhone using Tapatalk

  7. #7
    Join Date
    Jul 2001
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    131,709
    https://www.law360.com/lifesciences/...-labeling-suit


    I think this really sums up what is going on with Jared now... and this is just the beginning...
    Every man has the ability to be a fool, it is what he does to recover that shows who the fool really is.
    ~Anonymous~

    Those who believe that they are exclusively in the right are generally those who achieve something.
    ~Aldous Huxley~


    Completely Cleanse Your Body of Steroids in Only 5 Days! - www.SteroidCleanse.com



    Help Stop Steroid Abuse - Click Here!

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