Pharma Firm CEO Wanted in Rs 180 Crore Ozempic Fraud; LOC Issued
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Pharma CEO Wanted in Rs 180 Crore Ozempic Fraud; LOC Issued
Delhi Police has issued a lookout circular (LOC) against Vicky Ramancha, Chief Executive Officer (CEO) of a pharmaceutical company, for allegedly duping a US-based firm of over Rs 180 crore in a fraudulent Ozempic supply deal.
According to a recent media report in The Indian Express, officials said Ramancha misled Assure Global LLC, an American company, by projecting his political connections and government links in India to gain their confidence. The LOC was issued last week.
For more details, check out the full story on the link below:
Rs 180 Crore Ozempic Fraud: LOC Issued Against Pharma Firm CEO
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