Recent inquiries into the JuicyFields cannabis investment scheme, which defrauded nearly 200,000 individuals, provide new insights into the intricacies of this operation. In April 2024, authorities across several nations apprehended individuals associated with the company. The scheme, which promised substantial returns through investments in medical cannabis, resulted in estimated losses amounting to €645 million ($678 million).
Further investigations conducted by European journalists have unveiled additional information, including the alleged involvement of Sergej B., a Russian national, and possible links to state-sponsored organizations. A Swedish attorney, Lars Olofsson, has also surfaced as a controversial figure, proposing to assist victims in recovering their losses despite his own criminal history. Ongoing investigations are being carried out as prosecutors examine evidence obtained during raids conducted in multiple countries.
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