Federal prosecutors said the defendants encouraged low-income patients to sell their medication to them and then resold the drugs and used the money to buy luxury goods.
Fred Daibes, a New Jersey builder, was accused of defrauding a bank that he had founded. Prosecutors say he turned to Senator Robert Menendez for help.
An event in Puerto Rico to benefit Senator Robert Menendez’s political action committee suffered numerous cancellations after the senator’s indictment.