Professors con cancer patients out of €600,000 with fake 'guaranteed cure' medication
13 April 2017 @ 11:20
TWO professors from the University of the Balearic Islands in Palma de Mallorca swindled over €600,000 out of cancer patients and their relatives by selling them fake medication, say National Police.
At least 10 police reports have been filed by patients or their loved ones who paid up to €25,600 for a 'cure' which 'worked' by 'altering the lipids [fat content] of the membrane of cancer cells'.
It was given the name 'Minerval', and has not gone through any of the usual laboratory hoops to test its effectiveness and clear it for retail or mass hospital use.
The so-called medication was created by a spin-off company set up under the name of Lipopharma (pictured), using the university's laboratories to make up the drug, and advertising it online.
Only one of the professors is said to be linked to the university, but the second professor worked with him in the lab on campus.
Another three people who collaborated with the accused parties have also been arrested.
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