Thomas Bader, Colorado Springs pharmacist, made millions in illegal steriod distribution to docs and minors -- until a jury popped the bubble
Thomas Bader, a Colorado Springs pharmacist, was found guilty today of 31 counts related to importing and distributing anabolic steroids and Chinese human growth hormones. Twenty-three of those counts were for distributing the juice to minors.
Bader told physicians his illegal drugs were not subject to FDA approval due to lax restrictions on certain compounded drugs -- but the jury disagreed.
Now the steroid-slanger's $4.8 million bulk-up in assets is being seized by the federal government.
On top of supplying the 'roids to kids, Bader, who owned and operated College Pharmacy, managed to distribute the illegal, non-FDA approved Chinese drugs to physicians in Illinois, Florida, Georgia and Indiana between April 2004 and February 2007. The out-of-state physicians were under the impression the drugs were kosher, according to the indictment filed by the Denver U.S. Attorney's Office.
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The company took care of business by shipping the drugs with Federal Express.
Bader, along with accomplice and College Pharmacy employee Kevin Henry, "intended to devise a scheme to defraud physicians to whom they marketed... and the patients of those physicians... by means of materially false and fraudulent pretenses and representations," according to the indictment.
The business, located at 3505 Austin Bluffs Parkway, is a compounding pharmacy -- a shop that combines FDA-approved medications for a new regiment specific to a patient. According to prescription drug watchdog group PharmWatch.org, "The College Pharmacy is one of several that supply nonstandard products to offbeat physicians who do chelation therapy, mesotherapy, and other dubious treatments."
Bader is set to be sentenced April 29.
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