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April 30, 2021
Five Charged in Offering Fraud, Stock Manipulation, Ranging from Oil to Pot
Prosecutors say the defendants unwittingly conspired with an undercover agent who was posting as a corrupt stock promoter.
Five people have been charged in federal court for their involvement in two securities fraud schemes. According to prosecutors, the schemes involved an offering fraud of a Texas-based oil and gas company and the attempted manipulation of a cannabis company’s publicly traded stock.
An indictment was filed in the Eastern District of New York against Richard Dale Sterritt Jr., Michael Greer, Robert Magness, Mark Ross, and Robyn Straza charging them with conspiracy to commit securities fraud, wire fraud, and money laundering, among other offenses. 

Related Keywords

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