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Counterfeiter told to pay £5.6m

By News team

An ex-pharmaceutical parallel importer and licensed wholesaler who is currently serving an eight-year prison sentence for selling counterfeit medicines has been ordered to pay £5.6m within six months or face a further eight years in prison. The confiscation order made by Croydon Crown Court, following a police “asset recovery” investigation, was issued because Peter Gillespie had failed to disclose where he hid money gained through his offences, which included selling counterfeit cancer, blood and psychosis medicines. Mr Gillespie was originally sentenced in April 2011; at the time a suspended pharmacist alleged to have been involved was acquitted by the same court.

Citation: The Pharmaceutical Journal DOI: 10.1211/PJ.2013.11123052

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