Business · Markets · StrategySupport
S&P 5006,412.08+0.62%
NASDAQ21,884.30+1.04%
DOW44,910.55-0.18%
10-YR4.13%-0.03
BRENT$71.44+0.91%
BTC$96,120-2.11%
S&P 5006,412.08+0.62%
NASDAQ21,884.30+1.04%
DOW44,910.55-0.18%
10-YR4.13%-0.03
BRENT$71.44+0.91%
BTC$96,120-2.11%

Policy

Justice Department Charges Two Men in a Counterfeit Ozempic Smuggling Scheme Traced to China

Prosecutors in the Middle District of Florida allege the defendants bought counterfeit semaglutide pens from unauthorized Chinese sources and sold them to U.S. distributors at a discount.

ME

By Marcus Elrod

Oct 1, 2026 · 5 min read

The Justice Department announced charges Tuesday against two Indian nationals over an alleged scheme to smuggle counterfeit Ozempic into the United States, following an investigation by the Food and Drug Administration's Office of Criminal Investigations.

Discussion (0)

Sign in to join the discussion.

Loading comments…

ME

Marcus Elrod

Marcus tracks positioning, flows and rates. He writes CI's weekly market internals column.

Marcus Elrod writes for Corporate Insider Inc.

CII Briefing

The 7am memo for people who run things

One email. The deals, the numbers and the decisions that will be discussed in your Monday meeting.

Free. Unsubscribe any time. We never share your address.