Philadelphia Pharmacy and Owner Who Pled Guilty Agree to Resolve Civil Fraud and Controlled Substance Liability for Over $4 Million
Mitesh Patel, 36, of Media, Pennsylvania, was charged today by Superseding Indictment with conspiracy to distribute oxycodone, money laundering conspiracy, and filing false tax returns, announced Acting United States Attorney Louis D. Lappen.
According to the Superseding Indictment, from 2008 through June 2013, Patel was a pharmacist, registered in Pennsylvania, who conspired with others to illegally distribute oxycodone, a Schedule II controlled substance. From 2009 through 2013, Patel owned three pharmacies, Dava Pharmacy, Dava #2 Pharmacy, and Drexel Hill Pharmacy, that he used to order sums of oxycodone which he then provided to his coconspirators for distribution. Patel provided sums of the ordered oxycodone to his coconspirators for distribution without prescription and in exchange for money. Patel then used various bank accounts associated with his pharmacies to launder the drug proceeds in a manner intended to conceal the unlawful origin of the money. Additionally, Patel filed false tax returns for the tax years of 2010, 2011, and 2012, for not reporting his actual taxable income.
If convicted the defendant faces a maximum of 49 years in prison, a special assessment of $500, a lifetime of supervised release, and a potential fine. The government is also seeking forfeiture of the proceeds of Patel’s unlawful activities including, but not limited to, a sum of $2,733,300.00.
The case was investigated by the Drug Enforcement Administration, the Federal Bureau of Investigation, the Internal Revenue Service – Criminal Investigation, and the Philadelphia Police Department as part of the Organized Crime Drug Enforcement Task Force program. The case is being prosecuted by Assistant United States Attorneys Jonathan B. Ortiz and David E. Troyer.
A Superseding Indictment is an accusation. A defendant is presumed innocent unless and until proven guilty.