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Biotech company's CEO pleads guilty in Mississippi welfare fraud case

Summary by MY Northwest
JACKSON, Miss. (AP) — The chief executive officer of a biotech company with ties to the largest public corruption case in Mississippi history pleaded guilty Wednesday to one count of wire fraud for improperly using welfare funds intended to develop a concussion drug. Jacob VanLandingham entered the plea at a hearing in Jackson before U.S. District Judge Carlton W. Reeves, according to court records. A sentencing date was not immediately set. Pos…

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