Ex-FDA chief pleads guilty to charges
Well, Lester Crawford finally pled guilty to filing false and misleading financial disclosures while head of the FDA.
Ex-FDA chief pleads guilty to charges - MarketWatch:
I have been curious for a long time as to what company he owned and what the conflict was. Seems it is Pepsico and Sysco and this was because Crawford was head of the obesity working group that was working on recommendations regarding food labeling and calorie counting. Both these companies definitely have interests in this so there is a clear conflict of interest.
Lester Crawford could face six months in jail or house arrest and/or $50,000 fine. It will be interesting to see what he actually gets. My guess, 2-3 months house arrest (probably none) and maybe $10,000 fine.
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