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N.Y. attorney general: Sackler family protecting $1B using Swiss accounts


Sept. 13 (UPI) -- The Sackler family has transferred $1 billion from Purdue Pharma, a pharmaceutical company they own, to their own bank accounts to avoid relinquishing the funds amid legal action over the company's involvement in the opioid crisis, the New York attorney general office said Friday in a court filing.

Attorney General Letitia James accused the family of using Swiss bank accounts to transfer the money and protect it from legal liabilities.

"Records from one financial institution alone have shown approximately $1 billion in wire transfers between the Sacklers, entities they control, and different financial institutions, including those ...


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