LOS ANGELES – A federal grand jury this afternoon returned a five-count indictment that accuses a Beverly Hills man – who was completing a sentence in a prior federal fraud case – of soliciting more than $9 million from investors with false claims they were investing in a hemp farm that did not exist.
Mark Roy Anderson, 68, who was living in Beverly Hills while on supervised release after serving a 135-month prison sentence, faces five counts of wire fraud in a case that alleges he tricked investors into providing funding for his company, called Harvest Farm Group, to harvest and process hemp, grown on his farm, into medical grade CBD isolate to be sold for a substantial profit.
Special agents with the FBI arrested Anderson in this case on May 9 after prosecutors filed a criminal complaint outlining a series of actions and false statements that allegedly induced victims to send money to Anderson during the scheme that ran from at least June 2020 to April 2021.
“To induce the victim-investors to invest in Harvest Farm Group, defendant Anderson falsely represented that, through Harvest Farm Group: (i) he owned and operated a hemp farm in Kern County, California; (ii) he had already completed successful and profitable harvests of hemp from the farm; and (iii) he was using his own machinery and equipment to convert the hemp into CBD isolate and/or Delta 8, a psychoactive substance that, like CBD isolate, could be used in consumer products ranging from olive oil to body cream,”...
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