(FOX40.COM) — A man who prosecutors say solicited money from investors at California casinos, bars and restaurants for a nonexistent cannabis company made his first appearance in court Friday after being arrested and indicted for wire fraud.
Both the U.S. and California Departments of Justice announced that 49-year-old Keinyatey Deboros Chambers would face charges for allegedly defrauding investors out of more than half a million dollars in a scheme that nearly spanned a decade.
Between December 2017 and March 2026, Chambers targeted victims at casinos and other institutions, claiming he worked in the cannabis industry and that investors would receive high returns “within days or weeks,” prosecutors said…