A federal indictment accuses a Wausau man of illegally selling prescription drugs.
The U.S. Attorney’s Office for the Western District of Wisconsin Kenneth Zipperer, 54, is charged with mail fraud, wire fraud, dispensing prescription drugs without a license, and money laundering.
They say it was part of a scheme involving an unlicensed pharmacy and the distribution of misbranded prescription drugs. The 26-count indictment claims that Zipperer worked as an insurance broker selling Medicare supplement health insurance policies to individuals age 65 or older. He’s accused of importing prescription drugs from India that were not approved by the Food and Drug Administration for use in the United States and selling them to his health insurance clients. He reportedly asked to be paid in cash to avoid a paper trail.
The indictment seeks the forfeiture of $231,315 representing the proceeds of the alleged mail and wire fraud, and $227,116 representing the amount of money involved in the money laundering offenses.
Most of the charges against Zipperer carry maximum penalties of 20 years in federal prison.
