Try our Advanced Search for more refined results

Securities and Exchange Commission v. Integrated National Resources, Inc. et al

  1. February 13, 2025

    SEC Nets $38M In Judgments Over Cannabis Fraud Claims

    A purported marijuana cultivation company and associated entities are on the hook for judgments worth nearly $38 million to settle U.S. Securities and Exchange Commission claims over an alleged Ponzi-like scheme soliciting would-be investors in "nonexistent" grow facilities.

  2. July 25, 2023

    Crypto Fund Wants $2M Freed From SEC's Pot Ponzi Suit

    A blockchain-focused investment fund wants to pull $2 million out of a bank account frozen by federal securities regulators as part of their action against a Las Vegas-based marijuana company, telling a California federal judge that the money has "no connection whatsoever" to an alleged Ponzi scheme.

  3. June 12, 2023

    Asset Freeze Expanded In SEC's $60M Pot Ponzi Scheme Suit

    A California federal judge has frozen the bank accounts and assets of additional defendants in a U.S. Securities and Exchange Commission suit alleging that a purported Las Vegas-based marijuana products company duped investors out of $60 million.

  4. May 23, 2023

    SEC Shuts Down Alleged $60M Cannabis Offering Fraud

    The U.S. Securities and Exchange Commission has obtained a temporary restraining order freezing the assets of a purported Las Vegas-based marijuana products company after alleging that the company was operating a $60 million Ponzi-style scheme.