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Online Cannabis Marketplace Businessmen Convicted of Conspiracy to Commit Bank Fraud

On Wednesday, two businessmen were convicted of a single count of conspiracy to commit bank fraud (18 U.S.C. ยง 1349) for orchestrating a scheme to disguise cannabis-related financial transactions as transactions unrelated to...more

Bank Fraud Trial Highlights White Collar Enforcement Risks for Cannabis Industry

The trial of two men associated with an online cannabis marketplace began last week in the Southern District of New York. Prosecutors seek to prove that Hamid Akhavan and Ruben Weigand, two businessmen who worked with the...more

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