ACETO Corporation, a New York-based company with a North American headquarters, has agreed to pay a civil penalty of $120,000 to settle allegations of violating the recordkeeping requirements of the Controlled Substances Act (CSA). The company imports controlled substances to a warehouse in Atlanta and has agreed to additional oversight from the Drug Enforcement Agency.
According to the allegations, ACETO failed to maintain complete and accurate records of all controlled substances, failed to maintain controlled substances records at its registered location, and failed to complete the required biennial inventory of controlled substances. These claims have settled and there has been no determination of liability.
U.S. Attorney Byung J. “BJay” Pak stated, “Importers have a responsibility to ensure that all controlled substances can be tracked through the distribution chain.” Pak added, “Our office is committed to preventing the diversion of controlled substances by enforcing the recordkeeping requirements of the Controlled Substances Act.”
Robert J. Murphy, the Special Agent in Charge of the Atlanta Field Division of the DEA, said, “The mission of DEA’s Office of Diversion Control is to prevent, detect and investigate the diversion of controlled pharmaceutical and listed chemicals from legitimate sources. In this case, DEA Diversion investigators did an outstanding job of uncovering this importer’s negligence to conduct proper inventories, which led to a civil fine.”
ACETO’s failure to comply with the CSA recordkeeping requirements has resulted in a civil fine of up to $14,502 for each violation. The Drug Enforcement Administration investigated this case.
The civil settlement was reached by Assistant U.S. Attorney Lena Amanti. For further information, contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.
ACETO Settlement Agreement is available upon request.
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Key Facts
- State: Georgia
- Category: Drug Trafficking|Fraud & Financial Crimes|Violent Crime|Sex Crimes|Cybercrime|Public Corruption|Weapons|Human Trafficking|White Collar Crime|Organized Crime
- Source: DOJ Press Release â†â€â€
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