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Isotex executives charged with running Ponzi scheme, fraud

by SCOTT SHINDLEDECKER
The Western News | June 4, 2024 7:00 AM

Hopes were high in Lincoln County and other Montana locales when a Texas hemp processing facility came to the state five years ago with big promises of new jobs and big money for investors.

Jerry Bennett, then a county commissioner, said in an Oct. 5, 2019 story in The Western News, “It’s a big positive for Libby,” Bennett said. “We think it’s great, getting people back to work.”

Isotex Health touted itself as a company that specialized in making cannabidiol oil, a non-intoxicating hemp plant extract, and industrial hemp.

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