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Former attorney Mark Roy Anderson sentenced to 25 years for defrauding investors of $18.4M in cannabis scheme.
Mark Roy Anderson, a 70-year-old disbarred attorney from Beverly Hills, has been sentenced to 25 years in prison for defrauding investors out of about $18.4 million.
Anderson falsely claimed his companies were investing in hemp farms and cannabis products, but instead used the funds for personal expenses.
This fraud occurred while he was on supervised release from a previous 11-year prison term for a similar scheme.
Anderson operated his fraudulent schemes through two companies, Harvest Farm Group and Bio Pharma, affecting 45 victims.
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El ex abogado Mark Roy Anderson fue sentenciado a 25 años por defraudar a inversores de $18.4M en el esquema de cannabis.