founders with fraud

Canafarma Hemp Products

05/10/2021 20:13

WASHINGTON, Oct 5 (Reuters) - The U.S. Securities and
Exchange Commission has charged the Canadian company CanaFarma
Hemp Products Corp and its co-founders with fraudulently raising
about $15 million from investors, and misappropriating a
significant portion of the funds for personal use and other
unrelated purposes, the SEC said on Tuesday.

 (Reporting by Eric Beech; Writing by Mohammad Zargham; Editing
by Leslie Adler)
 ((mohammad.zargham@thomsonreuters.com;))