HANLEY, Saskatchewan, Nov. 27 -- Canadian authorities said they charged a man who proposed building a pharmaceutical plant in Hanley, Saskatchewan, with fraud Thursday.
The Royal Canadian Mounted Police charged Gordon Carl Summers with five fraud-related counts plus other charges, the Canadian Broadcasting Corp. reported.
Summers, also known as Gordon Summer, was arrested after a months-long probe of his company, Vigor Biopharma, the CBC said.
The drug company had said last year it was ready to develop a $2.5 billion-a-year business by making a cancer drug from yew trees.