COLUMBUS, Ohio (WOIO) – The Ohio Department of Commerce Division of Securities announced today that a Cuyahoga County grand jury indicted a Rocky River man on 20 felony counts related to securities fraud stemming from alleged incidents involving investors between June 2021 and May 2022.
54-year-old Garett Fortune, was indicted Monday, on six counts of false representation, six counts of securities fraud, four counts of theft from a person in a protected class, three counts of grand theft, and one count of money laundering.
The indictment alleges that Fortune solicited $200,000 in investments from six people for the purpose of operating a cannabis candy company. The indictment alleges that he misrepresented facts about the investment to the investors and failed to disclose necessary information to the investors…