MRMD - Email Scam Costs MariMed Cannabis Operator Hundreds Of Thousands Of Dollars | Benzinga
Cannabis multistate operator MariMed Inc. (CSE: MRMD) (OTCQX: MRMD) transferred hundreds of thousands of dollars to an unauthorized recipient due to an email that turned out to be forged, reported Marijuana Business Daily’s Solomon Israel citing the company's recent quarterly report filed with U.S. securities regulators.
Howard Schacter, the chief communications officer of the Massachusetts-based company with operations throughout five states told the news outlet that the fraudulent activities took place over several months. It cost the company $646,000.
"This was a very sophisticated, global fraud that we believe took months of planning and ...