Here's how the laundry scheme worked:
It was $5 million in profits - I can't locate the total revenues right now.
According to government filings in the case announced today in the Eastern District of New York, International-Pharmacy.com controls and operates approximately 60 websites that illegally distribute prescription drugs to thousands of Americans weekly, grossing more than $5 million in profits over a 10-month period. IP’s gross sales on just one day last month totaled nearly $40,000. The indictment charges that the proceeds of the pharmaceutical sales were laundered through seemingly legitimate businesses and by wire-transfers to domestic and off-shore bank accounts under the individual defendants’ control.
The ARMSTRONGS’ recent shipping expenses reflect the magnitude of the defendants’ drug distribution operation -- approximately $28,974 during the last week in December 2004, approximately $47,343 during the first week of January 2005, and nearly $215,125 for a five-week period beginning December 27, 2004. Overall, this illegal drug trafficking scheme yielded millions of dollars in profits that were routinely moved out of the United States to off-shore accounts and investments. Globally, law enforcement officials in the United States and abroad froze assets approaching approximately $6 million tied to these organizations.
