LI Man Took Over $60K For Fake Investment In Marijuana Farm: SCPD

SUFFOLK COUNTY, NY - A Rocky Point man was arrested in Patchogue on Wednesday for allegedly scamming investors out of over $60,000 between December 2018 and March 2019, according to Suffolk Police.

After an investigation, detectives arrested 36-year-old Matthew Gallagher on Main Street at 5 p.m. for collecting money from three people and telling them they were investing in a legal marijuana farm in California, police said.

The people were promised a high return on their investment in the farm, which detectives found out does not exist, police said.

Gallagher first degree scheming to defraud , three counts of third degree grand larceny and first degree identity theft, police said.

The investigation is continuing. Anyone who has additional information or believes they have been a victim is asked to call Seventh Squad detectives at 631-852-8752 or call Crime Stoppers at 800-220-TIPS. All calls will be kept confidential.