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          Additional Information

          Not BBB accredited

          Canafarma, LLC

          View full profile
          Location of This Business
          PO Box 5508, Old Bridge, NJ 08857-5508
          BBB File Opened:
          9/13/2019
          Alternate Business Name
          • Yooforic
          Business Management
          • .
          Contact Information

          Customer Contact

          • .
          Additional Business Information
          Additional Info
          Mail sent to the business on 10/24/2022 was returned by the U.S. Postal Service as Undeliverable as Addressed.
          Serving Area
          • 08557
          Business Categories
          Hemp Products

          Alert

          See What BBB Reports On

          Government Action: BBB reports on known government actions involving business’ marketplace conduct:

          Vitaly Fargesen and Igor Palatnik Misappropriated Approximately $4 Million of Investor Funds

          On July 10, 2024, Vitaly Fargesen and Igor Palatnik were sentenced to 4 years and 78 months in prison, respectively, by U.S. District Judge Loretta A. Preska (United States Attorney’s Office Southern District of New York) for participating in a scheme to defraud investors in CanaFarma Corp. and, later, CanaFarma Hemp Products Corp. (together, “CanaFarma”), by soliciting funds based upon false and misleading representations, failing to invest investor’s funds as promised, and secretly misappropriating millions of dollars of CanaFarma funds.  In addition to the prison sentence, FARGESEN, 54, of Manalapan, New Jersey, and PALATNIK, 49, of Morganville, New Jersey, were each ordered to forfeit $1,733,000 and to pay restitution in the amount of $4,703,915.26. For more details go to https://www.justice.gov/usao-sdny/pr/two-new-jersey-men-sentenced-scheme-defraud-investors-hemp-company.

           

          Contact Information

          PO Box 5508

          Old Bridge, NJ 08857-5508

          (800) 871-7143

          Accreditation

          This business is not BBB Accredited

          BBB Rating

          NR

          Customer Reviews are not used in the calculation of BBB Rating

          Reasons for BBB Rating

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