Hundreds of investors bought thousands of units, believing in the vision laid out by Ryan Wear, founder of a startup called WaterStation Management. Each bought dozens of water dispensers, which ...

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

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

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

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

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

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

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

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

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

Federal prosecutors charge two men in a $200 million Ponzi scheme involving fake water vending machine profits.

The operator of two alleged Ponzi schemes has been charged alongside a portfolio manager who allegedly invested his fund’s ...