Cannabis Investors Scammed: Thousands Lost In Bogus Resort Scheme In Remote Alaskan Village
A grandiose vision of a marijuana-themed paradise in Alaska turned into a nightmare for nearly two dozen investors, as they found themselves ensnared in a web of deceit spun by a salesman peddling dreams of a lucrative “Bud and Breakfast” resort. Brian Keith Corty‘s elaborate promises, painted in shades of optimism and Northern Lights, cost these investors over $600,000, federal prosecutors revealed.
Corty, with his vision of a cannabis haven nestled near Salcha, Alaska, captivated investors with the allure of enjoying marijuana amid the awesome backdrop of the state’s exquisite natural beauty. But in fact, “Corty simply lived off of investor funds while continuing to lie to them,” prosecutors wrote in a sentencing memorandum.
Investors were led to believe that cannabis would be grown, cultivated and sold to customers at the resort. Corty’s promise the business would make millions of dollars yearly when it was up and running fueled the investors’ interest.
Salcha, by …