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Federal investigation of GBEN pump-and-dump scheme results in conviction of 8 men, recovery of over $400K for victim restitution

United States Attorney Rebecca C. Lutzko announced the results of a federal investigation involving eight men that were charged in two cases with participating in a pump-and-dump scheme designed to inflate the stock price of Global Resources, Inc. (“GBEN”), a public company that purportedly planned to bring hemp-infused wine to market. All the defendants pleaded guilty and were sentenced to a combined total of 165 months of imprisonment.

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Ohio FBI busts $2 million hemp wine pump and dump scheme, sends 8 to prison

Ohio FBI busts $2 million hemp wine pump and dump scheme, sends 8 to prison
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Tisbury: Music concert, beach cleanup, Elizabeth Whelan class, and Great Decisions

Heard on Main Street: When in doubt, just take the next small step. I was very sorry to learn that my late husband’s brother, Allen Gifford Mayhew, died on New Year’s Day, just weeks short of his 90th birthday. His last visit here was for Donald’s funeral in 2019. Allen, his wife Doris, and children […]

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Tisbury: Climate Action tips, benefit concert, and a winter gathering - The Martha s Vineyard Times

Heard on Main Street: Ever wonder? Why is it lemon juice contains mostly artificial ingredients, but dishwashing liquid contains real lemons? The issue of sea level rise may be one of the most pressing for our Island. We know that the high school and Charter School kids are gathering with folks from Mass Audubon Felix […]

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You re not alone - The Martha s Vineyard Times

We’re grateful for those of you willing to share your personal stories about Substance Use Disorder (SUD), the recovery process, and the real life struggles that so many face here on the Island and beyond. In planning for this section, we wanted to share as we have in other Voices sections on race, the pandemic, […]

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