John Nath Kapoor is an American multi-millionaire, pharmaceutical entrepreneur, former CEO of Insys Therapeutics, and majority shareholder in the generic drug manufacturing company Akorn. In the fall of 2017, Kapoor was arrested and charged with numerous felony counts including: RICO conspiracy, conspiracy to commit wire fraud, and other crimes. In June of 2019, he was found guilty on all counts.
Insys Therapeutics founder John Kapoor was sentenced to 66 months in prison on Thursday. Reuters reports Kapoor is being jailed for his role in an opioid fraud scheme. The billionaire is among a group..