St. Petersburg rapper Big Rig Baby is under investigation by the feds for allegedly accepting $60M from investors. Reports say he allegedly accepted the money for a cannabis company that never existed.
According to a civil complaint, Big Rig Baby and his partner promised 36 percent returns on investments in WeedGenics. Their company, Integrated National Resources did business as WeedGenics. The WeedGenics’s website says they are a “manufacturing partner of choice for cannabis and THC infused products.”
According to The Messenger, the $60 million has allegedly been used by the defendants to make $16.2 million in Ponzi-like payments. The SEC says they spent the money on entertainment, jewelry, luxury cars and residential real estate.
The Director Of The SEC’s Los Angeles Regional Office released a statement saying, “Rolf Hirschmann and Patrick Williams allegedly had no real company, no product, and no business, yet despite this, they promised investors everything and then delivered nothing.”
Big Rig Baby whose government name Is Patrick Earl Williams, released an album earlier this month called Depressed with money. The SEC, says that between 2019 and Aril of this year Williams and his parter raised $60M from 350 investors. The Messenger has reached out to Williams and the company for comment but has not received a response yet.
Florida City Named Best Place To Live In The United States
10. Cambridge, Massachusetts
Cambridge Ranked Number One In Education and Employment. Even though they are number 10 on the list, these are great reasons to move here.
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8. Papillion, Nebraska
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7. Madison, Mississippi
Madison is ranked top 10 in Crime and Safety and economy. In both of those categories they come in at #6.
MADISON, MS – OCTOBER 31: Water stands in the traps as well as puddling in the fairway and at the 16th green as PGA Tour officials attempt to determine when first round play can begin in the Viking Classic at the Annandale Golf Club on October 31, 2009 in Madison, Mississippi. (Photo by Dave Martin/Getty Images)
6. Alpharetta, Georgia
My mom lives here and she loves it. Alpharetta is ranked #3 in the Economy.
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4. Amherst, New Hampshire
Amherst is a very safe place to live. They Rank #1 in Crime and safety.
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2. Carmel, Indiana
Carmel ranked #2 in Employment and #8 in Crime and safety.
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1. Naples, Florida
Coming in at #1 on the list is Naples Florida. I didn’t live in Naples but lived very close. They rank #1 in health care and leisure and entertainment.
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