Securities and Exchange Commission v. Guy Scott Griffithe et al

  1. November 19, 2021

    Movie Producer Owes SEC $5M For Pot Investment Scheme

    A Hollywood producer must cough up more than $5 million to federal securities regulators for allegedly fleecing investors in a failed cannabis venture, while his business partner must pay nearly $700,000, a California federal court has ruled.

  2. July 13, 2021

    SEC Seeks $6.4M From Duo In Cannabis Investment Scheme

    The U.S. Securities and Exchange Commission wants a self-styled movie producer and his business partner to pay nearly $6.4 million for allegedly defrauding investors out of $4.85 million in a would-be recreational cannabis business.

  3. February 17, 2021

    Movie Producer Settles SEC's Pot Co. Ponzi Scheme Suit

    A producer-turned-entrepreneur has agreed to settle a U.S. Securities and Exchange Commission suit alleging he defrauded investors in his marijuana business out of $4.8 million, according to a Tuesday court filing.

  4. February 24, 2020

    Pot Co. Owner Says Investors' 'Misplaced' Anger Defamed Him

    The owner of a defunct cannabis company has sued a group of investors he says published defamatory statements and lewd images of him online, saying in Washington federal court they hurt his business prospects even though it was his partner who allegedly ripped them off.

  5. January 21, 2020

    SEC Says Film Producer Sold Fake Shares In Pot Company

    A Hollywood producer who branched out into the cannabis business allegedly bilked investors out of more than $4.8 million, in what the U.S. Securities and Exchange Commission labeled a Ponzi scheme on Tuesday.