$60 million marijuana startup co-owned by rapper was a Ponzi scheme, feds say and the 30-year mortgage rate is back above 7%

 $60 million marijuana startup co-owned by rapper was a Ponzi scheme, feds say and the 30-year mortgage rate is back above 7%

Hi, MarketWatchers. Dont miss these top stories.The SEC says money raised for WeedGenics was spent on cars, houses and adult entertainment and to prop up rapper BigRigBabys career. Read MoreBuckle in…