CBD Company Phoenix Life Sciences’ Owner Reportedly Charged with Fraud

The owner of Phoenix Life Sciences, a CBD company based in Denver, was arrested on charges of securities fraud, according to a Westword news report. According to one report, 32 charges of securities fraud were brought against Tindall, and that the company also alleges that he was involved in the unregistered sale.

Tindall has also been sued by investors in 2013. The investors alleged that he siphoned off investment funds for personal use. Although the federal court ruled against Tindall, the decision was ultimately reversed based on a technicality. Investors later refiled the suit, and prevailed, reports Westword.

All information is for general informational and educational purposes only. Nothing should be interpreted as legal or wellness advice.

Jane Summers

Jane is a regular contributor who learned about the great benefits of CBD a few years ago after starting it herself. Impressed by its effects, she's interested in helping others learn about options that can be helpful for them.

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