Jack Kachkar
Encyclopedia
Jack Kachkar is CEO of Inyx, Inc, a speciality in pharmaceutical company founded in 2003. In addition to focusing on investments in the healthcare industry, Jack Kachkar also currently manages his family's real estate, property development and commodity investments.
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.
In 2011 Jack Kachkar was convicted in France of fraud and attempted fraud in connection to the 2007 attempt to purchase Olympique de Marseille
. He received a €50,000 fine and 10 month suspended sentence. He was also ordered to pay damages of €500,000 to to the family of the now deceased Olympique owner Robert Louis-Dreyfus.
Kachkar was born in Damascus
Damascus
Damascus , commonly known in Syria as Al Sham , and as the City of Jasmine , is the capital and the second largest city of Syria after Aleppo, both are part of the country's 14 governorates. In addition to being one of the oldest continuously inhabited cities in the world, Damascus is a major...
, Syria
Syria
Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....
to Armenian
Armenians
Armenian people or Armenians are a nation and ethnic group native to the Armenian Highland.The largest concentration is in Armenia having a nearly-homogeneous population with 97.9% or 3,145,354 being ethnic Armenian....
parents (Mihran Missak Kachkar; née Kachkarian). His parents were Armenians from Syria
Syria
Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....
.
Kachkar immigrated to Canada in September, 1969, from Lebanon. He attended school and University of Alberta
University of Alberta
The University of Alberta is a public research university located in Edmonton, Alberta, Canada. Founded in 1908 by Alexander Cameron Rutherford, the first premier of Alberta and Henry Marshall Tory, its first president, it is widely recognized as one of the best universities in Canada...
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
Olympique de Marseille
Olympique de Marseille is a French association football club based in Marseille. Founded in 1899, the club plays in Ligue 1 and have spent most of its history in the top tier of French football. Marseille have been French champions nine times and have won the Coupe de France a record ten times. In...
football
Football (soccer)
Association football, more commonly known as football or soccer, is a sport played between two teams of eleven players with a spherical ball...
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.
In 2011 Jack Kachkar was convicted in France of fraud and attempted fraud in connection to the 2007 attempt to purchase Olympique de Marseille
Olympique de Marseille
Olympique de Marseille is a French association football club based in Marseille. Founded in 1899, the club plays in Ligue 1 and have spent most of its history in the top tier of French football. Marseille have been French champions nine times and have won the Coupe de France a record ten times. In...
. He received a €50,000 fine and 10 month suspended sentence. He was also ordered to pay damages of €500,000 to to the family of the now deceased Olympique owner Robert Louis-Dreyfus.