Posted On: 09/09/2016 11:18:19 PM
Post# of 75357
Bruce Perlowin is bad news..
It looks like the SEC has finally caught up with him
SEC Charges 'King Of Pot' With Investment Fraud
http://www.forbes.com/sites/nathanvardi/2016/...78a8876517
The SEC claims that as CEO Perlowin conveyed hundreds of millions of Hemp Inc shares to companies controlled by Perlowin’s brother, Jed Perlowin, and Barry Epling, to be sold in public markets. Those companies entered into what the SEC describes as bogus consulting deals with Hemp Inc and some of the shares were given as gifts. In 2012, for example, one company linked to Epling received 100 million Hemp Inc shares in recognition of “affection and appreciation for over 20 years of friendship and loyal assistance,” the SEC complaint says.
It looks like the SEC has finally caught up with him
SEC Charges 'King Of Pot' With Investment Fraud
http://www.forbes.com/sites/nathanvardi/2016/...78a8876517
The SEC claims that as CEO Perlowin conveyed hundreds of millions of Hemp Inc shares to companies controlled by Perlowin’s brother, Jed Perlowin, and Barry Epling, to be sold in public markets. Those companies entered into what the SEC describes as bogus consulting deals with Hemp Inc and some of the shares were given as gifts. In 2012, for example, one company linked to Epling received 100 million Hemp Inc shares in recognition of “affection and appreciation for over 20 years of friendship and loyal assistance,” the SEC complaint says.
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