Recidivist Going By 'Richard Richman' Charged With Fraud
Law360 (April 14, 2021, 11:03 PM EDT) -- Brooklyn federal prosecutors unsealed an indictment on Wednesday accusing a convicted securities fraudster going by "Richard Richman" of masterminding a pair of schemes to defraud investors in a purported energy company and a purported cannabis company.
The indictment claims Richard Dale Sterritt Jr., along with Michael Greer, Robert Magness, Mark Ross and Robyn Straza, committed fraud and money laundering via schemes to misappropriate $10 million of investor funds from Zona Energy Inc., an oil and gas exploration company controlled by Sterritt, and to manipulate the stock of a Sterritt-controlled public issuer supposedly in the cannabis business.
"Through a web of related...
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