A huge marijuana scam in Colorado was busted this week after it was discovered that this ring pretended to be growing marijuana for the sick, but were actually shipping it to be distributed and sold out of state.
The scam cost investors thousands.
Operation Toker Poker led police to seize 2,600 illegally cultivated marijuana plants and another 4,000 pounds of the drug itself.
The Daily Mail reports:
A grand jury indicted 62 people and 12 businesses in the case that involved federal and state agents executing nearly 150 search warrants at 33 homes and 18 warehouses and storage units in Denver.
Among the clients of the scheme were former NFL players, Colorado officials said Wednesday.
The indictment targets the largest illegal marijuana operation discovered since Colorado legalized recreational pot in 2012, state Attorney General Cynthia Coffman said.
‘The black market for marijuana has not gone away since recreational marijuana was legalized in our state, and in fact continues to flourish,’ Coffman said in a statement.
According to the indictment, the enterprise produced more than 100 pounds of illegal pot each month for shipment to Kansas, Texas, Nebraska, Ohio, Oklahoma and other states.
The ring operated from 2012 until 2016 and raked in an estimated $200,000 a month, Coffman said.
The defendants were charged with 31 felony counts of money-laundering, tax evasion and other financial crimes. Most are now under arrest awaiting trial dates in Denver District Court.
While several football players were found to be involved and have duped other players into investing in the scheme, they have not yet been indicted.
Authorities say in addition to the money-laundering, many who were arrested were also hosting at home marijuana ‘consulting’ businesses.