SEC Goes After Marijuana Company

The Securities and Exchange Commission charged Greenview Investment Partners L.P and its founder, Michael E. Cone, yesterday with defrauding investors by promising 24% annual returns from cannabis related investments. Cone has also been criminally charged and has had approximately $1.4 million worth of cash and assets seized. Image result for fraud

According to the SEC complaint, Cone concealed his prior criminal convictions by using an alias and lied about having a former agent from the U.S Drug Enforcement Administration on staff, and falsely claimed to have a long record of profitably investing millions into cannabis-related businesses.

Cone allegedly spent investors money on designer clothes and luxury cars.

Cone settled the SEC’s charges by agreeing to an officer-and-director bar and a permanent injunction.

If you have been a victim of fraud contact our law office at 816-524-4949 or visit our website at

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