Owner of kratom, SARMs businesses pleads guilty to conspiracy charge

A North Carolina resident whose businesses sold kratom, products labeled as nootropics and selective androgen receptor modulators (SARMs) pleaded guilty to a charge of conspiracy to defraud the United States, according to the U.S. Department of Justice (DOJ).

Joshua Fulton knew most of his customers consumed his products as drugs, DOJ said in an Aug. 31 news release.

To avoid FDA regulation, Fulton and his co-conspirators suggested in disclaimers that the products were not intended for human consumption, according to DOJ. They also failed to register the facility where the substances were produced with the secretary of the U.S. Department of Health and Human Services (HHS), as the law requires, the news release said.

DOJ announced Fulton agreed to forfeit around $10.7 million in funds traceable to his businesses in connection with his guilty plea before U.S. District Judge Christy C. Wiegand. She scheduled his sentencing for Jan. 6, 2022.

Read the full story at Natural Products Insider.