
Geoffrey Thompson, former owner and operator of an unidentified Canadian-based cannabis company that did business in Colorado, has been charged with swindling investors of more than US$950,000 ($1.2 million).
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The 53-year-old Florida man, formerly of Frankfort, Ill., is set for arraignment later this week after being charged with one count of wire fraud in connection with the scheme, notes a statement from the U.S. Attorney’s Office, Northern District of Illinois. Wire fraud is punishable by as long as 20 years in federal prison.
According to the criminal information filed late last week in the U.S. District Court in Chicago, the man solicited and obtained money
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