Home News Was Stephane Bancel Arrested? Moderna CEO Arrested For Vaccine Fraud? Explained

Was Stephane Bancel Arrested? Moderna CEO Arrested For Vaccine Fraud? Explained


Was Stephane Bancel Arrested? Moderna CEO Arrested For Vaccine Fraud? Explained: A popular and renowned French business tycoon Stephane Bancel is coming into the headlines after being detained on fraud charges. Yes, you read it right that Bancel has been arrested on fraud charges and insider trading. The news of his arrest has been circulating over the internet widely. Many netizens are continuously reacting to the news. Stephane Bancel is one of the most famous and established businessmen. He has gained huge respect and reputation. Now, people are seeking details online to know about what exactly happened to him. Through this article, we are going to give you all the details about his arrest and charges. Follow More Update On GetIndiaNews.com

Stephane Bancel Arrested

Was Stephane Bancel Arrested?

According to the reports, Stephane has been arrested by the police officers at his residence in Cambridge on 22 November 2021 (today). The news was confirmed by State Crime Watch on Twitter by writing that a founder of Moderna has been taken into police custody by the officers on 22 November when he was at his home in Cambridge, Massachusetts. He is charged with numerous charges including vaccine fraud and insider trading. However, there is not much information has been revealed yet regarding his arrest. Soon, the police department will reveal further details and we’ll update you immediately with those details.

Stephane Bancel Net Worth 2021

As of 2021, Stephane Bancel has an estimated net worth of $8.5 billion, according to Forbes. He is a billionaire and his lavish and luxurious lifestyle proves it. Initially, he was not sure whether his business would be successful or not. However, after some time, his business explored a lot and made millions of money and still making. But now, he is arrested for fraud charges.

Talking about Stephane Bancel’s life, so he is a French billionaire businessman who was born on 20 July 1972  in Marseille, France. He is the Chief Executive Officer of the American pharmaceutical and biotechnology company named Moderna that is based in Cambridge, Massachusetts. Moderna company is mainly known for its Covid-19 vaccine. He was also the CEO of BioMerieux, a French diagnostics company.

He gained his master’s degree in engineering from CentraleSupelec of Paris-Saclay University and the University. He went to Harward Business School where he earned an MBA degree. He lives in Boston, Massachusetts. He has two children. There is no details are available about his wife. After his education, he served as a Sales Director at Eli Lilly and Company. Later, he eventually became head of operations for Belgium. Stay tuned with us for more updates.

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Kritika Kumari
Kritika Kumari, Chief Sub Editor, is part of the entertainment team at Get India News. She eats, sleeps, and drinks entertainment. While Indian films have fuelled her drama as a child, K-dramas have taken her life a notch higher.


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