Fake cannabis billionaire Justin Costello pleads guilty in $35 million fraud, with recommended prison term of 10 years January 19, 2023 AggregatedNews News & Insights 0 Comments Justin Costello, who posed as a billionaire and twice-wounded Special Forces Iraq veteran to dupe investors while portraying himself as a legal cannabis mogul, pleaded guilty Wednesday to securities fraud. Under a plea agreement with Costello, prosecutors will recommend a… Read More→
The First White Collar Crime of the Cannabis Industry Just Happened September 23, 2016 AggregatedNews Packaging, Policy & Legal 0 Comments The weed industry is getting to know a time-honored tradition of the American business world: corporate fraud. Federal prosecutors in Colorado last week charged the men behind FusionPharm, a publicly traded hydroponic marijuana farming company, with securities fraud over an… Read More→