Suffolk County Sheriff Steven Tompkins, 67, has been charged with Two Couns of Extortion for Allegedly Pressing A Boston-Based Cannabis Company to Sell Him Stock While It Was Preparaing For An Initial Public Public Offer In 2020. Federal Prosecutors Allege The Company Feared Rejectioning Tampkins Could Jeopardize its Partnership with a Sheriff’s depratment program that placed former in jobs there – poantially threatening its exploit license and iPoo. Trial submission states that Tampkins have connected $ 50,000 from its retirement account to buy stocks that initially grew at the price before declining. When the actions fell in 2021, he allegedly demanded and received a full return issued through five checks marked as “repayment of the loan”.

Tampkins, who oversees about 1000 employees, was taken to Federal Trustees in Florida and will appear in the US District Court in Boston. The sheriff, which previously fined $ 12,300 in 2023 for counters and the use of staff for personal instructions, threatens up to 20 years in prison for each count, three years under oversight and fine of $ 250,000. Neither his lawyer nor the Sheriff’s department commented on the case.

Message Sheriff County Sufolk arrested for alleged pressure on cannabis to buy stocks appeared first further Retail Marijuana Retail Report – News and Information for Cannabis sellers.