Feds Seize $18M From Compounding Pharmacy Owners

Feds have seized more than $18 million from the accounts of owners of a Massachusetts compounding pharmacy tied to a deadly, nationwide fungal meningitis outbreak.

U.S. Attorney Carmen Ortiz announced the seizure on Tuesday, saying the money was taken from the accounts of Barry Cadden and Carla and Douglas Conigliaro.

Authorities say they've taken about $1.5 million from Cadden, a shareholder and former head pharmacist of New England Compounding Center who was among the 14 indicted in connection to the 2012 outbreak that killed 64 people and sickened dozens of others. He's been charged with 25 counts of second-degree murder along with mail fraud and conspiracy.

About $16.8 million has been frozen in accounts held by or connected to Carla Conigliaro, 51, of Dedham, Massachusetts, who is the majority sharehold of the compounding pharmacy, and her husband Douglas.

Both of them were among the 14 people indicted in December, and are charged with transferring assets after allegedly transferring millions after the outbreak, shortly before the pharmacy's petition for bankruptcy and after a bankruptcy court issued orders prohibiting it. 

Contact Us