Friday, May 15, 2015
No, not a bankster or a torturer. Jamie Dimon, Dick Cheney and Donald Rumsfeld still walk free. Still, this guy Kevin Lowe is one sick puppy. He's a physician who ran phony clinics for the purpose of writing prescriptions for oxycodone. One of his physician employees, Robert Terdiman, wrote more than 17,000 scrips in 18 months, totaling 3 million pills, which sell on the street for up to $30. And that's where they were going -- the clinics didn't directly serve addicts, rather they generated supply for a distribution operation. Lowe posted $5 million bail, but Preet Bharara has gotten his man. According to the press release, Lowe cleared $7 million out of the $165 million in total value of the bogus scrips. Twenty four other people have plead guilty, but Lowe chose to go to trial.
Lowe will be sentenced in August and faces up to 20 years.
Now, here's the thing. He could have made a ton of money legitimately. He was a physician who owned a chain of clinics, most of which were totally on the up and up. Becoming a gangster running a massive criminal enterprise was a choice made entirely freely and with a perfectly good and lucrative alternative. So what is going on with this asshole? By the way, 20 years isn't nearly enough. He should leave prison feet first, as far as I'm concerned.