JuicyFields

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JuicyFields, also known as Juicy Holdings B.V., was a Ponzi scheme centered around promoting investments in cannabis. It started in early 2020 and collapsed in July 2022. Around 186,000 people invested a total of around €645 million in JuicyFields. It was one of the largest cannabis scams.

JuicyFields, also known as Juicy Holdings B.V., was a Ponzi scheme centered around promoting investments in cannabis. It started in early 2020 and collapsed in July 2022. Around 186,000 people invested a total of around €645 million in JuicyFields. It was one of the largest cannabis scams. ==Response== The Dutch Public Prosecution Service told BNNVARA that no criminal investigation was opened because there was "insufficient national public interest" to justify such an investigation. In late 2023, the CEO of JuicyFields', Stefan von Luxburg, car was lit on fire and vandalized with the message "From Russia with Love". On April 11, 2024, Europol organized a raid across 11 nations, involving hundreds of officers. Nine people were arrested and 38 houses were searched. In August 2024, Sergei Berezin was extradited from the Dominican Republic to Spain.

Text derived from https://en.wikipedia.org/w/index.php?oldid=1365986690 under CC BY-SA 4.0; modifications have been made.