google about to pay 500million for rogue pharma ads - GoFuckYourself.com

Phoenix · 05-15-2011, 11:37 AM

http://arstechnica.com/tech-policy/n...red+Content%29

Google is reportedly set to hand over half a billion dollars to the feds to settle a criminal investigation into the search giant profiting from rogue pharmacy ads, according to the Wall Street Journal.

Google revealed a hint of the settlement earlier this week in a filing to the SEC that said it was setting aside $500 million for a government settlement, but didn?t specify why.

According to the WSJ?s Thursday report, the FDA and Rhode Island?s attorney general have been looking into whether Google profited illegally from ads placed by non-US pharmacies. Google and other search sites blocked many overseas pharmacy ads in early 2010, because it?s illegal for U.S. citizens to have such drugs imported.

Google did, however, make an exception for Canadian pharmacies?though it limited them to ones approved by a licensing body.

That compromise may not have been enough or soon enough for the authorities, who look set to extract a very large penalty from the search and online ad giant. Importing drugs into the US is not legal, though the feds almost always turn a blind eye to drugs from Canada and don?t prosecute individuals.

L-Pink · 05-15-2011, 12:46 PM

And the boner pills I ordered didn't work.

Davy · 05-15-2011, 12:49 PM

A large chunk of those $500 million will go into the pocket of some uber prick working at the fed.

blackmonsters · 05-15-2011, 12:50 PM

The feds should seize their domain.

Oh WAIT!!!!!!!!!!!!!!!

Nevermind.

ThatOtherGuy - BANNED FOR LIFE · 05-15-2011, 01:01 PM

But it's OK for every other part of American business to build and import products off shore.

marlboroack · 05-15-2011, 01:03 PM

That's a lot of fucking money, they should invest with me.

cooldude7 · 05-15-2011, 01:04 PM

Quote:

expensive prescription drugs and health insurance create a lot of demand.

so online pills biz does rock.

05-15-2011, 11:37 AM	#1
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	google about to pay 500million for rogue pharma ads http://arstechnica.com/tech-policy/n...red+Content%29 Google is reportedly set to hand over half a billion dollars to the feds to settle a criminal investigation into the search giant profiting from rogue pharmacy ads, according to the Wall Street Journal. Google revealed a hint of the settlement earlier this week in a filing to the SEC that said it was setting aside $500 million for a government settlement, but didn?t specify why. According to the WSJ?s Thursday report, the FDA and Rhode Island?s attorney general have been looking into whether Google profited illegally from ads placed by non-US pharmacies. Google and other search sites blocked many overseas pharmacy ads in early 2010, because it?s illegal for U.S. citizens to have such drugs imported. Google did, however, make an exception for Canadian pharmacies?though it limited them to ones approved by a licensing body. That compromise may not have been enough or soon enough for the authorities, who look set to extract a very large penalty from the search and online ad giant. Importing drugs into the US is not legal, though the feds almost always turn a blind eye to drugs from Canada and don?t prosecute individuals. __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

05-15-2011, 12:49 PM	#3
Davy Confirmed User Industry Role: Join Date: Apr 2006 Location: Germany Posts: 4,323	A large chunk of those $500 million will go into the pocket of some uber prick working at the fed. __________________ --- ICQ 14-76-98 <-- I don't use this at all

05-15-2011, 12:50 PM	#4
blackmonsters Making PHP work Industry Role: Join Date: Nov 2002 Location: 🌎🌅🌈🌇 Posts: 20,488	The feds should seize their domain. Oh WAIT!!!!!!!!!!!!!!! Nevermind. __________________ Make Money with Porn

05-15-2011, 12:46 PM	#2
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	And the boner pills I ordered didn't work.

05-15-2011, 01:01 PM	#5
ThatOtherGuy - BANNED FOR LIFE So Fucking Banned Industry Role: Join Date: Apr 2011 Posts: 1,241	But it's OK for every other part of American business to build and import products off shore.

05-15-2011, 01:03 PM	#6
marlboroack So Fucking Banned Industry Role: Join Date: Jul 2010 Location: ☣ Posts: 9,327	That's a lot of fucking money, they should invest with me.