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 ...

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

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

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

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

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

A former Jefferies Financial Group Inc. hedge fund manager has been charged with fraud by federal prosecutors in New York for allegedly directing the purchase of nearly $100 million in bonds tied to a ...

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

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