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.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: