No Jail Time for Pot-Growing Hedge Fund Exec

An executive at a Ridgefield hedge fund is accused of diversifying her investments and dabbling in the illegal world of marijuana farming will not go to jail.

Tara Bryson, 36, and her boyfriend, Michael Hearl, 38, were arrested in July and police seized more than 200 pot plants from the couple’s Butterfield Road home,the Newtown Bee reported at the time.

Bryson pleaded guilty to possession of a controlled substance and use of drug paraphernalia and was sentenced to one year in jail, which was suspended, and a year of probation, according to Business Insider.

Bryson ran investor relations for New Stream Capital, which her brother, David Bryson, co-founded, Forbes reports. Her hedge fund clients have included Veronica Hearst, Elizabeth Taylor and Kathy Ireland, Forbes reports.

Bryson was suspended when an article about the arrest surfaced, a New Stream spokesperson told Forbes.

Hearl told Forbes that they farm goats, not weed and they did not “have that many plants.” By "not many," he meant 203, according to the arrest report.

The couple received a grant from the state this year to transform their Ridgefield property into a goat farm, according to New York magazine.

The hedge fund Bryson was a part of has run into its share of problems, Dealbreaker.com reports, and has filed for bankruptcy, according to Business Insider.
 

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