Three Former Execs Named in Criminal Indictment

Three former executives of Spectranetics are accused of illegally importing unapproved medical devices in a 12-count criminal indictment announced this week. Also named in the indictment, which was announced by Colorado U.S. attorney John Walsh's office, was a representative of a Florida company contracted by Spectranetics. The four are listed below:

August 31, 2010

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Three Former Execs Named in Criminal Indictment
  • George John Schulte, 62, former CEO

  • Obinna Adhigije, also known as Larry Adighije, 50, former VP of business development

  • Trung Pham, 37, former business development manager

  • Hernan Ricaurte, 41, former contract rep

The charges include conspiracy, making false statements, receipt of illegal imports, sales of adulterated and misbranded medical devices, and other offenses. (Note that not every defendant is being charged with every crime.)


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