A Belgrade man has pleaded guilty to failing to report that a pharmaceutical company he previously owned was importing a fake cancer drug.
The Billings Gazette reports 48-year-old Paul Daniel Bottomley pleaded guilty Wednesday to misprision of a felony during a hearing before U.S. Magistrate Judge Jeremiah Lynch in Missoula.
Bottomley has forfeited land in Gallatin County, $1.08 million and a 2011 Aston Martin sports car that sold for $110,000 at auction. Lynch scheduled sentencing for July 31.
Bottomley was president of Montana Healthcare Solutions from 2008 until October 2010, when he sold the company. He remained as an adviser.
In January 2012, the Food and Drug Administration learned the company was importing a counterfeit cancer drug. Prosecutors said Bottomley knew about it, but failed to report it.