CanaFarma, co-founders Vitaly Fargesen and Igor Palatnik charged with securities fraud


In a statement, Manhattan U.S. Attorney Audrey Strauss said the defendants “presented themselves as entrepreneurs developing a new business for an emerging industry. But, as alleged, Fargesen and Palatnik were just using the trappings of a start-up to run an old-time scam: lying to investors to take money for themselves.”


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