Ex-UCLA Decathlete to Plead Guilty in $37 Million Cannabis Vaping Scam

Ex-UCLA Decathlete to Plead Guilty in $37 Million Cannabis Vaping Scam
Leaves of a mature marijuana plant in a display at The International Cannabis and Hemp Expo at the Cow Palace in Daly City, Calif., on April 18, 2010. Justin Sullivan/Getty Images
|Updated:
0:00

LOS ANGELES—A former University of California–Los Angeles (UCLA) decathlete has agreed to plead guilty to federal charges for raising more than $37 million from investors falsely told their funds would be used to finance companies marketing cannabis vape pens, federal prosecutors announced July 1.

David Bunevacz, 53 of Calabasas,who competed with the Philippines national team, agreed to plead guilty to one count each of securities fraud and wire fraud, according to his plea agreement filed Friday in Los Angeles federal court.

City News Service
City News Service
Author
Breaking news gathering service based in West Sacramento, California, USA Gathering and distributing breaking news content via video, photographic and audio
twitter
Related Topics