Federal Prosecutors Charge Cannabis Payment Company Founder With $8.8 Million Investor Fraud, Rhode Island Fee Scheme

The Marijuana Herald
By Anthony MartinelliSep 29, 2026, 7:49 pm134 ptsTrendingTop
The Marijuana Herald - Marijuana news and information Federal prosecutors have charged the founder of a marijuana industry payment-processing company with securities fraud and wire fraud, accusing him of defrauding dozens of investors out of more than $8.8 million and diverting fees owed to Rhode Island…

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