Former Grafton select board chair allegedly defrauded investors in cannabis company, federal prosecutors say
![Former Grafton select board chair allegedly defrauded investors in cannabis company, federal prosecutors say](https://www.cannabisindustry.news/wp-content/uploads/2024/06/6195f59e-3c0d-5a36-8003-247f9a2c46d3.jpg)
Bruce W. Spinney, III, 49, was indicted on three counts of wire fraud and and one count of conducting an unlawful monetary transaction, the US Attorney’s office said.
A former elected official in Grafton was arrested Friday on charges of defrauding investors in his cannabis company and using the funds to pay off debts for a rental business he operated, according t…