Travis County District Attorney José Garza has announced the indictment of Keenan Lopez Williams on a third-degree felony theft charge.
Williams, 53, is accused of swindling money out of potential business investors in a bid to buy hemp licenses from the state, according to an affidavit released by the district attorney's office on Friday.
The DA's office alleged that Williams misrepresented the process to obtain a hemp license and lied about the spending of about $77,500 provided by investors, according to the affidavit.
In the affidavit, Texas Rangers report Williams told investigators all the money given to him was used to pay hemp consultants, growers and breeders for information. However, after inspecting William's bank account, Rangers discovered all the money was being used for "personal finances."
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