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 ...

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

The Securities and Exchange Commission filed a complaint last Thursday in U.S. District Court for the Southern District of New York against Ryan Wear, owner of WaterStation Management and Creative ...

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

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

The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have jointly unveiled sweeping criminal ...

Authorities accuse an entrepreneur and his companies of raising $275 million from investors, including many veterans, through ...

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

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

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