June 3, 2021

A man in Kansas, Christopher Matthew Meredith, has been ordered to spend 14 years in prison and pay over $6.8 million in restitution for defrauding investors to his company, Strategic Pharma, Inc. (SPI).  In addition to failing to disclose that he was under investigation for an investment fraud scheme in Florida, Meredith had falsely represented to investors that SPI had entered into lucrative agreements, including with the Department of Veterans Affairs, that would result in substantial revenue for SPI.  USAO WDTX

Tagged in: Criminal Proceedings, Financial and Investment Fraud, Misrepresentations,