2 N.J. men get prison for scamming $4M from investors of purported pharma company

  • 📰 njdotcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

@River أخبار

مصر أحدث الأخبار,مصر عناوين

The men also lied to investors about the company's management staff, financial information and products, authorities said.

Two men who formed a publicly traded pharmaceutical company and took $4 million of investor money for themselves have been sentenced to federal prison.

The two men formed a Delaware-based pharmaceutical company called CanaFarma Corp. in March 2019. About a year later, the business, which had offices in New York City, was listed on the Canadian Stock Exchange and the Frankfurt Stock Exchange of Germany. Fargesen and Palatnik eventually secured $14 million from investors, but failed invest the money as promised and used about $4 million of investor money for their personal use, federal authorities said.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 282. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين