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Rocky River man indicted for fraud related to cannabis candy company investments


COLUMBUS, Ohio (WOIO) – The Ohio Department of Commerce Division of Securities announced today that a Cuyahoga County grand jury indicted a Rocky River man on 20 felony counts related to securities fraud stemming from alleged incidents involving investors between June 2021 and May 2022.

54-year-old Garett Fortune, was indicted Monday, on six counts of false representation, six counts of securities fraud, four counts of theft from a person in a protected class, three counts of grand theft, and one count of money laundering.

The indictment alleges that Fortune solicited $200,000 in investments from six people for the purpose of operating a cannabis candy company. The indictment alleges that he misrepresented facts about the investment to the investors and failed to disclose necessary information to the investors.

The case is being prosecuted by the Cuyahoga County Prosecutor’s Office in partnership with the Ohio Division of Securities. An indictment is a formal charge and is not a finding of guilt.

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