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Cape Cod: Former pot shop applicant faces charges in OneCoin scheme

Editor s Note: This story has been updated to correct the location of Mark Scott s arrest. He was taken into custody at his home in Barnstable Village. He also owned a home in Hyannisport at the time. WELLFLEET Two years ago, David Pike sat down with the Wellfleet Select Board to pitch his plan for a retail marijuana store at the old general store off Route 6.  The shop may finally open this year, but Pike won’t be there. He left the company, and is expected to plead guilty in June to conspiracy to commit bank fraud for his alleged participation in a global cryptocurrency Ponzi scheme that prosecutors say defrauded investors out of $4 billion.

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