Monday, February 4, 2008

Miama Herald: Cuban entrepreneur brothers once lauded by HISPANIC Magazine see once successful business collapse

Miami Herald reviews business of brothers Carlos and Jorge de Céspedes. Carlos is vice president of the Cuban American National Foundation.
"As far back as the mid-1980s, says C. Richard ''Rick'' Allen, now deputy director of the Georgia Drugs and Narcotics Agency and then an agent, the brothers were under investigation concerning charges of defrauding drug manufacturers by obtaining supplies at low prices under false pretenses. The investigation died when the feds abruptly stopped a national investigation called Pharmoney.

In the 1990s, AmerisourceBergen Drug alleged in a civil lawsuit that Pharmed committed fraud. The case was settled out of court. In 2006, Johnson & Johnson accused Pharmed of fraudulently taking $22 million in rebates. That case went to arbitration; the results have not been made public."
http://www.miamiherald.com/top_stories/story/404331.html
"..., Hispanic Magazine listed Pharmed as the eighth-largest Hispanic-owned business in the United States."

1 comment:

Unknown said...

The Business will not prosper if they don't help each other and being help by the charitable work of the good people to achive their success and be added right away to the paginas amarilla.