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  • GenPhar president charged with fraud ($31k illegal contribs to Goober)

    09/20/2011 11:08:11 AM PDT · by markomalley · 25 replies
    The Post and Courier ^ | 9/19/11 | Glenn Smith
    The president of local biotechnology firm GenPhar is accused of defrauding the federal government out of at least $3.6 million the company received to research vaccines against deadly diseases. The charges are contained in federal indictments unsealed today that also accuse GenPhar president Jian-Yun Dong and his estranged wife of making at least $31,000 in illegal campaign contributions to U.S. Sen. Lindsey Graham and his political action committee. Dong, who also is chief executive officer of GenPhar, is accused of submitting false claims to federal agencies, converting grant funds to his own use and committing wire fraud to scam the...