Last Monday the Securities and Exchange Commission (SEC) charged the principal of a Florida-based consulting firm with fraud for allegedly publishing a false press release claiming that Petrotech Oil and Gas, Inc. obtained  medical and recreational marijuana license from Colorado according to a SEC press release.

Jerry Miller, faces permanent injunctions, disgorgement of ill-gotten gains with prejudgment interest, a penalty, an officer and director bar, and a penny stock bar.

According to a LinkedIn page, Miller is executive director of The Delano Group Consulting in Miami Lakes FL and research project coordinator at Discovery Lab, a department of Florida International University.

The SEC’s investigation, which is continuing, has been conducted by Cecilia M. Danger and supervised by Jessica M. Weissman of the Miami Regional Office while the SEC’s litigation will be led by Wilfredo Fernandez.


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