THC drink startup cofounder charged with theft
Nov 20
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Minnesota-based Crooked Beverage Company co-founder Richard Schenk has been charged with two felony theft counts, accused of taking tens of thousands of dollars from the THC beverage startup. Court documents and co-founder Ryan Winkler say Schenk spent company funds on personal expenses (including mortgage and luxury items), allegedly faked an email to dodge a $300,000 debt to his ex-wife, resigned when confronted, and then allegedly withdrew another $48,000; the company says it remains in operation with products in hundreds of Minnesota locations and 10 states.
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