NY AG uncovers $1 billion in Sackler family wire transfers amid opioid probe: report
Posted on AllSides September 14th, 2019
From The Center
The New York Attorney General's Office has allegedly uncovered $1 billion in wire transfers by the Sackler family, which owns Purdue Pharma, which could suggest attempts to hide its wealth as it faces litigation over its role in the opioid crisis.
The transfers include some done through Swiss bank accounts, The New York Times reported.
State Attorney General Letitia James (D) reportedly issued subpoenas last month to 33 financial institutions and investment advisers in an attempt to fully discover the family's wealth.
"While the Sacklers continue to lowball victims...