- Feb 5, 2002
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The world’s most valuable pharmaceutical corporation has named Jerry L. Maynard Sr., a general board member of the Church of God in Christ and founder of Cathedral of Praise in Nashville, Tennessee, in a lawsuit accusing him, his son, his daughter and others of engaging in a rebate fraud scheme that allegedly robbed the company of more than $200 million.
In the 66-page complaint filed in the U.S. District Court for the Southern District of Florida on May 19, Eli Lilly and Company accuses Maynard Sr.; his son, Jerry L. Maynard II, senior pastor of Cathedral of Praise; his daughter, Pastor Misha Maynard; and Readus C. Smith III, COGIC’s secretary-general of health and business, along with several other interrelated defendants, of defrauding the company “under the guise of a massive ‘prescription cost share program’ for members of the Church of God in Christ.”
According to Eli Lilly, the defendants purchased large quantities of the diabetes drug Trulicity through a pharmacy they operate in Florida and Tennessee, called DrugPlace, which purports to deliver medications by mail. The GLP-1 drug also causes weight loss similar to Ozempic.
Continued below.
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In the 66-page complaint filed in the U.S. District Court for the Southern District of Florida on May 19, Eli Lilly and Company accuses Maynard Sr.; his son, Jerry L. Maynard II, senior pastor of Cathedral of Praise; his daughter, Pastor Misha Maynard; and Readus C. Smith III, COGIC’s secretary-general of health and business, along with several other interrelated defendants, of defrauding the company “under the guise of a massive ‘prescription cost share program’ for members of the Church of God in Christ.”
According to Eli Lilly, the defendants purchased large quantities of the diabetes drug Trulicity through a pharmacy they operate in Florida and Tennessee, called DrugPlace, which purports to deliver medications by mail. The GLP-1 drug also causes weight loss similar to Ozempic.
Continued below.
Eli Lilly sues COGIC board member, son, daughter over $200M rebate fraud scheme
The world s most valuable pharmaceutical corporation has named Jerry L Maynard Sr , a general board member of the Church of God in Christ and founder of Cathedral of Praise in Nashville, Tennessee,