Sheriff Steven W. Tompkins is facing an extortion charge after he allegedly demanded a refund from an executive of a cannabis company.

Sheriff Steven Tompkins is accused of using his position to extort a cannabis company for discounted shares of its stock

According to federal court documents, Tompkins had used his position as sheriff to force his way into buying pre-IPO (initial public offering) stock in a Boston cannabis company at a discounted price. When the investment later lost value, prosecutors alleged he demanded and received a full refund of his money.