Insys founder arrested for alleged opioid bribery scheme
The Justice Department indicted pharmaceutical executive John Kapoor. Photo: J. David Ake / AP
Federal officials Thursday indicted John Kapoor, the 74-year-old billionaire founder and majority owner of drug company Insys Therapeutics. They alleged Kapoor and other Insys executives bribed doctors to prescribe the company's powerful fentanyl spray, called Subsys, to a wide array of patients — even though the medication is only intended for cancer patients.
Why it matters: CEOs and other top executives almost never get arrested for alleged misdeeds.