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Delta Junction man sentenced for marijuana theme park fraud scheme [Video]

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Small Business Ideas

FAIRBANKS, Alaska (KTVF) – A man in Delta Junction was sentenced on Friday to two years in prison for running a year long scheme to defraud an estimated 24 investors out of over $600,000.

Brian Corty, 53-year-old organizer of a conspiracy to use fraudulent claims to gain investments for business and used them for personal gain. According to court documents, from January 2017 to 2020, Corty sold investors units in Ice Fog Holdings LLC for private equity for “Bud and Breakfast” which was described as a marijuana theme park. His idea for this park involved growing, cultivating then selling the marijuana to patrons of the park for them to smoke on site.

Corty actually bought a building near Salcha for the location of for “Bud and Breakfast”. He lied to investors, saying they were already growing the marijuana and receiving a steady stream of income and that the business was …

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