$500,000 revenue in 2002, over $35 million in 2006
Posted: Tue Feb 27, 2007 7:42 pm
This story is going to be much bigger then a story about Little Sarge. This is going to be huge and spread across several sports. The business model, however, would make most crack dealers envious ...
ORLANDO, Fla. -- A downtown pharmacy was raided by a law enforcement task force on Tuesday, the climax of a large New York state grand jury investigation into Internet drug sales that could expose widespread illicit steroid use by professional athletes and thousands of people across the nation.
... Tuesday's raid of Signature Pharmacy, an Orlando business that did an estimated $36 million in business last year, could expose a long list of sports figures, celebrities and others who have turned to Internet pharmacies for illegal drugs such as steroids, authorities said.
... In a related case in Mobile, Ala., two owners of Applied Pharmacy Services have been indicted by an Albany County grand jury. Their customer list allegedly includes former professional boxer and heavyweight champion Evander Holyfield, Los Angeles Angels centerfielder Gary Matthews Jr., and retired baseball star Jose Canseco, an admitted steroid user.
... The Orlando pharmacy is owned and operated by a Florida couple, Stan and Naomi Loomis, who are both licensed pharmacists. In 2002, the company reported revenue of about $500,000. Then, driven by a booming Internet prescription market, and the referral business Signature received from various Web sites, revenue topped $35 million last year, authorities in the case said.
Among Signature's customers was Jason Grimsley, the former Arizona Diamondbacks pitcher who left baseball last year after mail-order steroids were seized at his Scottsdale home by federal agents from San Francisco involved in an ongoing investigation targeting steroid use in professional sports. Grimsley has not been charged with any crimes, but federal agents said he told them about widespread use of performance-enhancing drugs by Major League Baseball players.
http://timesunion.com/AspStories/story. ... TextPage=1
ORLANDO, Fla. -- A downtown pharmacy was raided by a law enforcement task force on Tuesday, the climax of a large New York state grand jury investigation into Internet drug sales that could expose widespread illicit steroid use by professional athletes and thousands of people across the nation.
... Tuesday's raid of Signature Pharmacy, an Orlando business that did an estimated $36 million in business last year, could expose a long list of sports figures, celebrities and others who have turned to Internet pharmacies for illegal drugs such as steroids, authorities said.
... In a related case in Mobile, Ala., two owners of Applied Pharmacy Services have been indicted by an Albany County grand jury. Their customer list allegedly includes former professional boxer and heavyweight champion Evander Holyfield, Los Angeles Angels centerfielder Gary Matthews Jr., and retired baseball star Jose Canseco, an admitted steroid user.
... The Orlando pharmacy is owned and operated by a Florida couple, Stan and Naomi Loomis, who are both licensed pharmacists. In 2002, the company reported revenue of about $500,000. Then, driven by a booming Internet prescription market, and the referral business Signature received from various Web sites, revenue topped $35 million last year, authorities in the case said.
Among Signature's customers was Jason Grimsley, the former Arizona Diamondbacks pitcher who left baseball last year after mail-order steroids were seized at his Scottsdale home by federal agents from San Francisco involved in an ongoing investigation targeting steroid use in professional sports. Grimsley has not been charged with any crimes, but federal agents said he told them about widespread use of performance-enhancing drugs by Major League Baseball players.
http://timesunion.com/AspStories/story. ... TextPage=1