2nd Circ. Overrules Rakoff On Pot Fraud Forfeiture

By Elliot Weld (December 21, 2022, 6:24 PM EST) -- The Second Circuit on Wednesday upheld the convictions of two businessmen for tricking banks into processing cannabis payments, but said U.S. District Judge Jed Rakoff was wrong to reduce the amount forfeited by one defendant from $17 million to $100,000....

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