A vending-machine venture that once touted juicy, super-safe returns is now the target of federal prosecutors and a tangle of ...

The Department of Justice (DOJ) charged Wear with one count of securities fraud and one count of wire fraud, each of which ...

"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel ...

An Everett man facing multiple civil lawsuits over an alleged Ponzi scheme was hit with criminal charges this week.

The Securities and Exchange Commission has charged Ryan Wear, a Washington state resident, and his companies Water Station Management LLC and Creative ...

A Washington state entrepreneur and a former Jefferies portfolio manager were criminally charged on Thursday over a Ponzi ...

An Everett man is now under federal indictment for an alleged Ponzi scheme that was described by an investor as “the largest ...

The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised ...

Ryan Wear is accused of raising money from investors by selling them water vending machines that, in many cases, did not ...

Two men have been federally indicted in New York on charges related to two Ponzi-like schemes involving water vending ...

When investors began asking questions, Wear allegedly ran the operation like a Ponzi scheme — using new investments to pay ...

The charges center around a company that, according to the DOJ and the FBI, persuaded investors to back water purification ...