Former FDA chief pleads guilty over stock holdings – November 15, 2006
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Former Food and Drug Administration commissioner Lester M. Crawford pled guilty Oct. 17 to two misdemeanor charges relating to his failure to inform government ethics officers he owned stock in companies regulated by the FDA.
Just two months after the Senate had approved his nomination to head the agency, Dr. Crawford abruptly resigned in September 2005, touching off speculation and calls for an investigation.
More than a year later, on Oct. 16, Dr. Crawford was charged with one count each of conflict of interest and making false financial disclosures. The following day, he appeared in federal court in Washington, D.C., and pled guilty to the charges, each of which carries a sentence of up to one year in prison. A sentencing hearing was set for January 2007.
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