Ex-Massachusetts official accused of defrauding investors in his marijuana company

A former Bay State elected official has been busted by the feds for allegedly defrauding investors in his marijuana company.

Bruce Spinney III, who was previously a chair of the Grafton Select Board, was arrested on Friday by FBI Boston special agents.

The 49-year-old man was indicted on three counts of wire fraud related to a scheme to defraud investors in his marijuana company, according to the Massachusetts U.S. Attorney’s Office. He was also indicted on one count of conducting an unlawful monetary transaction.

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