Valeant Pharmaceuticals: Attorney Office and Gary Tanner

valeant pharmaceuticals: The U.S. Attorney Office for the Southern District of New York said Thursday that Gary Tanner, 39, a former executive at Valeant Pharmaceuticals International Inc., and Andrew Davenport, 48, the former CEO of Philidor Rx Services, were arrested, according to The Toronto Star. The men each face four charges, including wire fraud, conspiracy to commit wire fraud and conspiracy to commit money laundering. Spencer Platt / GETTY IMAGES By Ross Marowits The Canadian Press Thu., Nov. 17, 2016 MONTREAL U.S. prosecutors have charged a former executive with Valeant Pharmaceuticals and the head of a defunct U.S. mail-order pharmacy with conspiring to defraud the Quebec-based drug giant through a multimillion-dollar kickback scheme. Their alleged kickback scheme illegally converted Valeant shareholder money into their own personal nest eggs, U.S. attorney Preet Bharara said in a statement. Investigators allege that both accused conspired to obtain tens of millions of dollars from Valeant and split the proceeds, according to a 28-page complaint signed by FBI special agent Ryan Redel. As alleged, while purporting to be arms-length business counterparts, the two men were, in fact, partners in crime. (news.financializer.com). As reported in the news.