For years, Rolf Hirschmann and his partner solicited money from investors to develop cannabis cultivation and dispensary sites in Las Vegas and Adelanto, California. The pair raised more than $60 ...

A California marijuana company is being accused of a Ponzi scheme, in which the owners allegedly raised more than $60 million from investors only to spend it on personal expenses including luxury cars ...

NEW YORK, May 23 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an order to shut down an alleged Ponzi-like scheme run by two individuals who raised nearly ...

A rapper known as BigRigBaby and his partner allegedly scammed investors with a sham marijuana startup for several years. The Securities and Exchange Commission received an emergency order to shut ...

The Securities and Exchange Commission obtained an emergency order to halt an alleged ongoing offering fraud and Ponzi-like scheme by Integrated National Resources Inc. (INR), which does business as ...

LAS VEGAS, Nev. (FOX5) - The Securities and Exchange Commission obtained an emergency order to halt an alleged ongoing offering fraud and Ponzi-like scheme by a cannabis company that claims it has a ...

Federal law enforcement is investigating an alleged Las Vegas marijuana investment fraud, and an executive at the center of the case wrote an apparent letter of confession about the scheme, court ...