Paul King

Complaint alleging a cannabis-based investment fraud in Wilhelmus Johannes van Opzeeland, a citizen of the Netherlands residing in Singapore; Qi Guan, a citizen of China residing in England, and Mindaugas Montvilas, a citizen and resident of Lithuania v. Cannafornia Holdings Inc. and Paul King at the U. S. District Court for the Northern District of California.

Canadian national George Georgiou has been criminally indicted in the United States for allegedly defrauding two Bahamas based broker dealers of at least $29 million in a securities scam. Georgiou, 39, masterminded a scheme that caused losses of "approximately $25

Bahamas-based investment firm Caledonia Corporate Management Group Limited went into voluntary liquidation on February 12, 2008 after reportedly incurring an estimated $20 million in trading losses. Anthony Kikivarakis, of Deloitte & Touche (Bahamas), has been appointed liquidator.Caledonia applied for liquidation after consultation with its local regulator, the Securities Commission of the Bahamas, which licensed the firm as a broker-dealer, according to a news article in The Tribune, in the Bahamas.