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Up in smoke: $60 million marijuana startup co-owned by rapper was a Ponzi scheme, feds say

Por: MarketWatch Business May 24, 2023

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But investigators say the company, which was legally registered as Integrated National Resources Inc., was a sham and never operated any marijuana-related businesses at all. “Rolf Hirschmann and Patrick Williams allegedly had no real company, no product, and no business, yet despite this, they promised investors everything and then delivered nothing,” said Michele Wein Layne of the SEC. Instead, the agency said the money was mostly funneled... + full article



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