Big Pharma Exec Cuffed, Arrested, Charged In Massive Fraud

Laurence Doud III, a former New York resident, has been living in New Smyrna, Florida since retiring. Doud earned more than $1.5 million as CEO of Rochester Drug Co-operative in 2016. He faces life in federal prison after the company was accused of illegally distributing tens of millions of doses of oxycodone, fentanyl, and other opioids. Screenshot: NBC News

Retired FL millionaire charged with conspiracy to violate narcotics laws