Phosphagenics fraud
WebDr Robert Gianello, a former Phosphagenics employee, was sentenced to four years imprisonment for his role in the theft of more than $4.6 million from the company. Dr … WebEsra Ogru — a respected scientist once viewed as a rising star in the Australian biotech scene — used fake invoices and credit card claims to obtain nearly $4 million from Phosphagenics while orchestrating the elaborate scheme that led the publicly listed company to lose more than $6m over nine years.
Phosphagenics fraud
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WebAug 26, 2015 · Murdoch has started the hard work of bringing the focus of the market back on to Phosphagenics’ platform technology – but the share price is down 87% since news of the fraud broke. Phosphagenics is now capitalised at $21 million. Phosphagenics’ proprietary drug delivery platform technology is called Targeted Penetration Matrix, or TPM. WebThe former chief executive of cosmetics maker Phosphagenics was one of several people who cheated the company of $5.7 million, the company says.
WebNov 7, 2014 · Ogru received nearly $4m from the fraud, spending over $400,000 on jewellery, $220,000 on clothes, $400,000 on household expenses and over $50,000 on duty-free goods and department store … WebJan 14, 2015 · Ms Ogru and her co-conspirators have agreed to pay back the fraudulently obtained money. The mother of two was sentenced to six years in jail last November, although she will be eligible for parole in two years. Interim chief executive Harry Rosen, who owns 5 per cent of the company, will remain as a director.
WebDr Robert Gianello, a former Phosphagenics employee, was sentenced to four years imprisonment for his role in the theft of more than $4.6 million from the company. Dr Gianello was ordered to serve a minimum of two years before being eligible for parole. WebOct 24, 2013 · Phosphagenics Limited is commercialising drug delivery applications based on its novel transdermal (drugs administered via skin) TPM ® – Targeted Penetration Matrix technology. TPM ® is a patient...
WebPhosphagenics is focused on the of new and cost effective ways to enhance the delivery of proven pharmaceutical and nutraceutical products Clayton, Victoria, Australia 11-50 Post …
WebNov 12, 2024 · Today’s verdict. “As shareholders will recognise, this arbitration loss has a serious impact on the company and the board will need to carefully consider the alternative courses of action available to it,” Phosphagenics stated. Final costs are yet to be awarded. Phosphagenics noted it had spent about $5.6 million on legal and arbitration ... grade of glassesWebJul 11, 2014 · Phosphagenics will also seek to raise a further A $3 million through an SPP to existing shareholders also at 8 cents per share. The record date for participating in the SPP offer is July 10 , 2014. grade of heart murmur in dogsWebAug 22, 2014 · Former Phosphagenics chief executive Dr Esra Ogru has pleaded guilty to her role in defrauding the company of $6.1 million. grade of membership modelsWebJul 24, 2013 · TROUBLED biotechnology company Phosphagenics has taken steps to recoup nearly 5.7 million in misappropriated funds, confirming that it had lodged caveats over several properties owned by its ... chilton haynes subjectcar repairWebAug 24, 2010 · Phosphagenics is a Melbourne-based, globally driven biotechnology company focused on the discovery of new and cost effective ways to enhance the … grade of internal hemorrhoidsWebJul 25, 2024 · In that filing Phosphagenics alleged ‘breaches of several provisions under the two relevant agreements, fraudulent or negligent misrepresentations, breaches of confidence and/or unjust enrichment... chilton haunted golf cart rideWebAlbrecht et al. defined fraud as “deception that includes the following elements: (1) a representation, (2) about a material point, (3) which is false, (4) and intentionally or … chilton haynes repair manuals