If the first time you saw John Kapoor was during his initial appearance in Arizona U.S. District Court on Thursday afternoon, you'd never know he was once worth $2.1 billion.
The founder and chairman of Insys Therapeutics stood before Judge Michelle Burns in a thin, slate-blue T-shirt, baggy, gray athletic shorts, and worn blue-and-silver tennis shoes. His hair looked unkempt and his expression remained pensive.
During his 20-minute appearance, Burns made sure Kapoor understood his charges — namely, plotting to profit from distributing and marketing a powerful opioid narcotic using bribes and fraud.
Kapoor's lawyers said he'd agreed to post $1 million
Before the hearing, the 74-year-old Kapoor was escorted into the courtroom in handcuffs with a silver chain around his waist. He blended in sitting against a wall next to a man in a Superman T-shirt and more than five other alleged criminals. The only thing setting Kapoor apart was his straight posture and evident man-spreading.
The U.S. Attorney's Office in Massachusetts claims Kapoor and other executives at the Chandler-based firm, which produces a fentanyl spray called Subsys containing a narcotic 80 times more powerful than morphine, took part in a conspiracy that contributed to the current opioid epidemic in the United States.
Just this morning, President Donald Trump announced a nationwide public health emergency in response to the opioid crisis in America.
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When asked after the hearing about the national attention surrounding the opioid epidemic that arose at about the same time Insys was selling fentanyl, Kapoor's lawyer Brian Kelly called it a "curious coincidence in timing."
Kelly asserted to reporters that Kapoor is innocent and said that his team will "fight vigorously" to prove it.
Kapoor plopped down in a chair at the edge of the courtroom as his lawyers fiddled with paperwork after the judge announced his bail conditions.
After one last consultation with Kelly, a man in a U.S. Marshal jacket looked at Kapoor and pointed to the door. Kapoor walked quietly out of the courtroom.