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Home » Attempt to hijack shelved weight loss drug ends in guilty plea
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Attempt to hijack shelved weight loss drug ends in guilty plea

Aug. 16, 2022
By Mari Serebrov
Alain Bouaziz, a French citizen and resident of the United Arab Emirates, pleaded guilty Aug. 12 to one count of lying to the U.S. FDA in an attempt to steal a discontinued Novartis AG weight loss drug. The charge carries a maximum prison term of five years and a fine of up to $250,000, or twice the gain or loss caused by the offense, whichever is greatest.
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