Mark Zuckerberg Sued For ‘Aiding And Abetting Aggravated’ Marijuana Investment Fraud – Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META)
A court in Luleå, Sweden granted the right to Swedish attorney Lars Olofsson to proceed with the case against Meta Platforms Inc. META CEO Mark Zuckerberg.
The lawsuit argues that the Facebook platform has a responsibility for its role in a recent marijuana investment scheme, JucyFields.
According to Olofsson, the rapid decision by the court, in just 36 hours of the filing, is already a “massive win” that will “send a message to the others we have in our legal path that we are proceeding ahead, full steam, with other cases in the meantime.”
The alleged pyramid scam guaranteed 66% returns in three months, but suddenly froze all cash withdrawals and deleted its accounts from social media.
The fraud, which impacted hundreds of thousands of people around the globe, caught Olofsson’s attention. The attorney is now planning to file a class action lawsuit against several social and news media platforms, which he says helped forward the scheme.
“I’m now taking legal actions against Facebook, Google GOOGL, CNN, and YouTube, to begin with,” Olofsson told Green Market Report at the time. “All of them have allowed JuicyFields to expose themselves on their platforms or magazines, and not just normal accounts but paid ads.”
Olofsson also plans to target the German, Dutch, Swiss and Cyprus governments for “a gross lack of their financial authorities, having not seen what was going on.”
There were some 125,000 investor accounts on the platform at…
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