Oil Venture Investor Claims Money Was Funneled To Pot Farm

On Feb 2, 2022

By Emilie Ruscoe (February 1, 2022, 7:57 PM EST) — An investor in an oil and gas venture claims he lost hundreds of thousands of dollars when the traditional scheme he’d put his money into went sideways and some of his investment was repurposed to fund “a fledgling and unprofitable marijuana-grow operation.”

In a suit filed in Kansas federal court on Monday, investor P. John Eck claimed that starting in 2016, he’d put nearly $740,000 into a limited liability company that was supposed to be used to purchase oil and gas leases for the Osage producing reservoirs in Oklahoma.

But Eck claimed that in 2018, Richard Berritt, one of the principals…

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