Jack Kachkar, Date of Birth, Place of Birth

    

Jack Kachkar

Canadian businessman

Date of Birth: 19-Feb-1963

Place of Birth: Damascus, Damascus Governorate, Syria

Profession: businessperson

Nationality: Canada

Zodiac Sign: Pisces


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About Jack Kachkar

  • Jack Kachkar (born February 19, 1963). Kachkar was born in Damascus, Syria, to Armenian parents (Mihran Missak Kachkar; née Kachkarian).
  • His parents were Armenians from Syria. Kachkar immigrated to Canada in September 1969 from Lebanon.
  • He attended school and University of Alberta in Edmonton prior to transferring to Hungary, where he attained a medical degree, summa cum laude. In 2005, the High Court in Ireland restricted Kachkar under the Companies Act: Mitek Holdings Ltd v Companies Act [2005] IEHC 63.
  • The order was upheld following an appeal to the Irish Supreme Court.Kachkar tried to purchase Olympique de Marseille football club in early 2007.
  • Marseilles' boss broke off talks in March 2007 after the Canadian businessman asked for further due diligence required by his bankers to pay the €115,000,000 price for him to take over the former European champions. From 2005 to 2007, Kachkar's pharmaceutical company, Inyx, allegedly faked paperwork that convinced Westernbank, a bank in Puerto Rico, to loan him $142 million.
  • A federal court found Kachkar guilty of eight counts of wire fraud affecting a financial institution.A Key Biscayne, Florida, resident and the former CEO and Chairman of a now-bankrupt multinational pharmaceutical company was sentenced to 30 years in prison followed by five years of supervised release yesterday for his role his role in a $100 million scheme to defraud Westernbank of Puerto Rico (Westernbank).
  • The losses triggered a series of events leading to Westernbank's insolvency and ultimate collapse.

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