A number of Maltese retail investors have seen their investments disappear after a cannabis investment platform promising massive returns stopped operating, in mysterious circumstances. At least 40 other Maltese investors are believed to have lost their savings with Juicy Fields, filing criminal complaints with the police. The cannabis investment platform supposedly connected micro-investors with small cannabis farmers, to fund crop cultivation that was then legitimately sold. The allure of such lucrative returns was obvious – investors initially were paid out these high returns, convinced that Juicy Fields was a safe deal. The mystery for the thousands of Juicy Fields investors is who exactly the company’s owners are, and where have the millions – possibly billions – invested gone?

Source: Libya Today July 24, 2022 11:58 UTC