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Beverly Hills Man Sentenced for $18 Million Cannabis Investment Fraud - Merry Jane

Summary by MERRY JANE
A Beverly Hills resident has been sentenced to 10 years in federal prison for orchestrating a series of fraudulent schemes that defrauded investors of over $18 million. The scams involved false promises of significant returns from investments in cannabis businesses and other ventures. Details of the Fraudulent Schemes The individual solicited funds from investors by claiming to have lucrative opportunities in the cannabis industry, among other s…

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Beverly Hills Man Sentenced for $18 Million Cannabis Investment Fraud - Merry Jane

A Beverly Hills resident has been sentenced to 10 years in federal prison for orchestrating a series of fraudulent schemes that defrauded investors of over $18 million. The scams involved false promises of significant returns from investments in cannabis businesses and other ventures. Details of the Fraudulent Schemes The individual solicited funds from investors by claiming to have lucrative opportunities in the cannabis industry, among other s…

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MERRY JANE broke the news in on Monday, March 31, 2025.
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Beverly Hills, California

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