Business partner surrenders for role in stem cell scheme
Tue, 10 Jan 2012 00:40:56 GMT —
A man accused of overseeing a cross-border scheme to use stem cells as a bogus cure for cancer and other diseases is out on bond after surrendering to authorities in Chicago.
Lawrence Stowe and Brownsville resident Francisco Frank Morales are accused in a federal indictment of making at least $2 million dollars in the bogus cure scheme.
The two are accused of charging clients tens of thousands of dollars and taking them to clinics in Nuevo Progreso, Tamaulipas and Monterrey for the procedures.
Morales remains behind bars without bond and is expected to appear in a federal court in Houston on January 13th.
Court records show that Stowe surrendered to authorities in Chicago on Friday.
The Texas man appeared before U.S. Magistrate Judge Young B. Kim in Chicago where he was issued a $5,000 dollar bond.
Both Stowe and Morales were featured on a 60 Minutes report last year and again on Sunday.
Del Rio maternity clinic owner Jesus Alberto Ramon and South Carolina pathologist Vincent Dammai are charged with Morales in second indictment involving the scheme.