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 ...

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

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

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

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

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

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

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