US prosecutors are charging a Canadian pharmacy website with smuggling, money laundering, and conspiracy after it allegedly sent millions of dollars worth of counterfeit medications, including fake cancer drugs, to American doctors.

A Montana grand jury returned an indictment against the Winnipeg-based canadadrugs.com last year, the Associated Press reported, but the case against 14 defendants was sealed until now.

The indictment alleges that the company, along with its affiliates in Barbados and the UK, sold cheap foreign versions of lifesaving drugs, which were not approved by the Food and Drug Administration (FDA). Some of those drugs were mislabeled or improperly stored, or imported under falsified customs declarations, according to the Associated Press.

The total value of the questionable medications could be as high as $78 million.

To read the full article click here:

https://news.vice.com/article/a-canadian-pharmacy-is-accused-of-selling-counterfeit-cancer-drugs-to-us-doctors

 

A great article about iTRACE Technologies, Inc. in Tax Stamp and Authentication News came out over the holidays. It was written by the tax stamp security expert Ian Lancaster and showcases iTRACE 2DMI as an alternative to QR-Codes in security and authentication applications. As QR codes become increasingly ubiquitous – and are now specified in […]

QR codes are becoming ubiquitous in supply chains, retail, payments, and consumer engagement —yet emerging threats like quishing and QR-jacking highlight critical vulnerabilities that can erode trust and compromise security. This session will explore recent trends in QR-code misuse, including those identified by global threat intelligence groups, and examine industry responses ranging from consumer education […]

iTRACE Technologies, Inc., a leader in anti-counterfeiting and brand protection solutions, announces the launch of its new WebApp for iTRACE 2DMI® decode. This innovative release complements the company’s existing native mobile app and SDK offerings, further enhancing security, accessibility and flexibility for businesses and consumers worldwide. REDWOOD CITY, Calif., Feb. 11, 2025 /PRNewswire-PRWeb/ — Designed to integrate […]

This is the AIM youtube recording of the webinar featuring AIM’s Case Study Competition Winner | AIDC, iTRACE Technologies and their work with Rolls-Royce Aerospace on combatting counterfeit parts in the supply chain. Discover how they integrated a unique, secure identifier into the manufacturing process to enhance security. Key Topics:– Combat Production Overrun: Strategies to prevent overproduction and product diversion.– Innovative […]

From the original post on PRWebhttps://www.prweb.com/releases/revolutionary-ai-and-blockchain-integration-enhances-anti-counterfeiting-measures-for-global-brands-302140866.html REDWOOD CITY, Calif., May 13, 2024 /PRNewswire-PRWeb/ — iTRACE Technologies, Inc., a leader in securing global supply chains against counterfeiting, today unveiled a major upgrade to its iTRACE 2DMI® technology, integrating artificial intelligence (AI) with the existing blockchain connectivity to offer unparalleled protection for brands and consumers. Across industries, counterfeiting undermines […]

Redwood City CA. May 7th 2024. iTRACE Technologies, Inc, the industry leader in anti-counterfeiting and supply chain security solutions, is proud to announce a win in the AIM Global 2024 Case Study competition for the AIDC category. AIDC Category Winner: iTRACE Technologies, a two-time winner, claimed victory in the AIDC category with their exceptional project in collaboration […]