Investors Defrauded In Black Market Marijuana Scheme Awarded Nearly $2.5 Million

ARAPAHOE COUNTY, Colo. (CBS4/AP) – An Arapahoe District Court judge awarded nearly $2.5 million in restitution to four investors defrauded in a black-market marijuana trafficking scheme. Scott Pack, the accused mastermind of the operation, was found guilty of racketeering and securities fraud, among other crimes.

Scott Pack (credit: 18th Judicial District Attorney’s Office)

Judge Michael Spear ordered the restitution for the victims in the amounts of $199,935; $299,935; $950,000; and $1,050,000.

“It is fitting that Pack’s insatiable greed and disregard for Colorado’s laws has now resulted in the law divesting him of much of his ill-gotten gains,” said District Attorney George Brauchler. “This is a significant amount of money to pay in restitution, even for a rich California kid who lives at his parents’ property. I am pleased the victims will be provided some of what was taken from them.”

Pack was indicted in June 2017 along with former pot officer Renee Rayton and two…

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