Monday, April 1, 2019
President and CEO of Local Supplement Company Pleaded Guilty to Multimillion Dollar Fraud Conspiracy
President and CEO of Local Supplement Company Pleaded Guilty to Multimillion Dollar Fraud Conspiracy: The president and CEO of Dallas-based dietary supplement company USPlabs pleaded guilty in federal court to a role in a scheme to fraudulently sell workout supplements to the tune of hundreds of millions of dollars. President Jonathan Doyle and CEO Jacobo Geissler pleaded guilty in February to conspiracy to introduce misbranded food into interstate commerce. The two were joined by three other individuals and two companies that took part in developing, manufacturing, or marketing workout and weight loss supplements known as Jack3d and OxyElite Pro. OxyElite Pro was recalled in 2013 after a Food and Drug Administration investigation to see whether it caused liver injuries. Doyle and Geissler said they imported the falsely labeled materials to skirt law enforcement and regulatory restrictions. The defendants were accused of a conspiracy to import supplement ingredients from China under false certificates of analysis and false labeling, and then lied about the source of the ingredients.
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