AG touts state’s success in recovering money from pharmaceutical - KPLC 7 News, Lake Charles, Louisiana

AG touts state’s success in recovering money from pharmaceutical fraud

LAKE CHARLES, LA (KPLC) -

Louisiana Attorney General James "Buddy" Caldwell is speaking at the Republican Women of SWLA's monthly luncheon at Reeves Catering in Lake Charles. 

"We are the only organization in the United States where 11,000 small businesses were taken in a Ponzi scheme," Caldwell said.

In addition to touting the AG Office's success with the case of Thomas Salzano, Caldwell talked about the recent success of recovering state money from pharmaceutical companies that acted fraudulently over the past few years.

"Our pharmacies paid $2.36 for this particular drug ... but the state Medicaid system paid the price the pharmacy company reported to this database and that price was $80.20. That was what the state paid," Caldwell said.

Of the 53 companies the Attorney General's office rendered since 2010 citing fraud, some of the most recognizable companies include: Pfizer ($20,650,000), Teva Barr (20,000,000), Abbott ($6,200,000), AstraZeneca ($10,000,000) and Johnson and Johnson ($10,000,000).

Caldwell said he plans on continuing to work with office to continue to hold people accountable and recover money for the state.

Some of those companies who settled with the Attorney General's Office include Abbot, Johnson and Johnson and Astra-Zeneca. 

More on later editions.

Copyright 2013 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • Food for Seniors program feeds hundreds

    Food for Seniors program feeds hundreds

    Sunday, November 19 2017 10:16 PM EST2017-11-20 03:16:08 GMT

    Eliminating hunger for thousands of our senior citizens and keeping their minds at ease-- that's the mission of the Calcasieu Parish Police Jury's Food for Seniors service. Every third Friday of the month, senior residents of Calcasieu parish can sign up to receive a box of food, but it's a lot more than that. “A lot of people if they didn't have this they couldn't make it and I know some of them wouldn't have anything to eat,” said Betty Landry a recipient of the Food ...

    More >>

    Eliminating hunger for thousands of our senior citizens and keeping their minds at ease-- that's the mission of the Calcasieu Parish Police Jury's Food for Seniors service. Every third Friday of the month, senior residents of Calcasieu parish can sign up to receive a box of food, but it's a lot more than that. “A lot of people if they didn't have this they couldn't make it and I know some of them wouldn't have anything to eat,” said Betty Landry a recipient of the Food ...

    More >>
  • Multiple agencies respond to Vinton structure fire Sunday

    Multiple agencies respond to Vinton structure fire Sunday

    Sunday, November 19 2017 7:35 PM EST2017-11-20 00:35:27 GMT
    Vinton house fire (Source: KPLC)Vinton house fire (Source: KPLC)

    Multiple agencies worked to knock out a structure fire in Vinton Sunday. Around 3:30 p.m., the Vinton Fire Department responded to a call on Center Street. Fire was showing through the roof of the burning house in two locations when firefighters arrived, said Assistant Fire Chief Kevin Merchant.

    More >>

    Multiple agencies worked to knock out a structure fire in Vinton Sunday. Around 3:30 p.m., the Vinton Fire Department responded to a call on Center Street. Fire was showing through the roof of the burning house in two locations when firefighters arrived, said Assistant Fire Chief Kevin Merchant.

    More >>
  • FIRST ALERT FORECAST: Could not ask for better weather during our Thanksgiving week

    FIRST ALERT FORECAST: Could not ask for better weather during our Thanksgiving week

    Sunday, November 19 2017 6:30 PM EST2017-11-19 23:30:04 GMT
    Nice weather on MondayNice weather on Monday

    Through the rest of tonight, we will have clear skies with rain chances down to zero. Temperatures will cool down to the upper 30s to the low 40s tonight, so it will be cooler from last night. With the clouds clearing, that will allow temperatures to quickly fall. Frost is possible north of I-10! Monday will be another beautiful day! Highs will remain in the mid 60s with mostly sunny skies. There could be a few more clouds in the afternoon, but none that will bring any rain. 

    More >>

    Through the rest of tonight, we will have clear skies with rain chances down to zero. Temperatures will cool down to the upper 30s to the low 40s tonight, so it will be cooler from last night. With the clouds clearing, that will allow temperatures to quickly fall. Frost is possible north of I-10! Monday will be another beautiful day! Highs will remain in the mid 60s with mostly sunny skies. There could be a few more clouds in the afternoon, but none that will bring any rain. 

    More >>
Powered by Frankly