Scottsdale Man Convicted of Defrauding Victim in Sham Cannabis Investment Fund

PHOENIX, Ariz. – Christopher E. Galvin, 58, of Scottsdale, was convicted by a federal jury last week on one count of Wire Fraud. The guilty verdict came after a three-day jury trial before United States District Judge Susan M. Brnovich. Galvin’s sentencing is set for May 30, 2025.

In April 2019, Galvin founded Hypur Ventures II and became its Chief Executive Officer. Galvin made misrepresentations to a victim to convince the victim to invest in Hypur Ventures II. Among other things, Galvin told the victim that he would invest the victim’s money in a fund of businesses in the cannabis industry. As a result of Galvin’s misrepresentations, the victim wired $100,000 for an investment in Hypur Ventures II in Arizona. Galvin did not invest the money but instead used it to pay his legal bills, pay others, and enrich himself. Galvin never returned any of the victim’s money despite repeatedly promising the victim that he would do so.

The Federal Bureau of Investigation – Phoenix Division conducted the investigation. Assistant U.S. Attorneys Lindsay Short and Bruce Van Baren, District of Arizona, Phoenix, handled the prosecution.

CASE NUMBER:           CR-23-01375-PHX-SMB 
RELEASE NUMBER:    2025-038_Galvin

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For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
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