BISMARCK, N.D. (KFGO) – North Dakota Securities Commissioner Karen Tyler has ordered a Fargo man to stop doing business in the state citing a number of violations of securities laws.
Tyler says Jeremy Carlson and his company, Jamieson Capital Investment, LLC, took investor money, acted as an unregistered broker-dealer and engaged in fraud.
Tyler says Carlson raised money for numerous funds he controlled claiming that he was making investments in real estate, oil and gas, digital assets and medical marijuana.
Bank records show that he took in nearly $18 million and paid himself and his company at least $338,000 in commissions.
Tyler says the investigation also determined that Jamieson used nearly $4 million in investor money to acquire ownership in a medical marijuana business without a purchase agreement or regulatory approval from the North Dakota Dept. of Health.