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Tag: stem cell

Three Arrested, One at Large in Illegal Stem Cell “Cure” Scheme

By Danny Fenster
ticklethewire.com

Three men were arrested in the past ten days for a scheme that involved exploiting the last hopes of the terminally ill, according to a Reuters report.

The three men —  and a fourth still being pursued by the FBI — were accused of scheming to market stem cells, unapproved by the FDA, as miracle cures for the desperate and terminally ill.

The arrests come after two indictments were issued in November charging the four with 39 counts of mail fraud and the unlawful manufacture, distribution and sale of unapproved stem cell procedures, according to Reuters.

Vincent Dammai, 40, has been identified as a researcher at the Medical University of South Carolina; Francisco Morales, 52, is accused of falsely claiming to be a medical doctor while operating a clinic in Texas specializing in stem cell treatment for “incurable diseases”; Alberto Ramon, a 48-year-old also from Texas, is a licensed midwife who is accused of obtaining umbilical cord blood to create stem cells from patients.

The fourth charged is Lawrence Stowe, 58, of Dallas, Texas. Stowe remains at large, and a warrant has been issued for his arrest.

To read more click here.