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 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 ...

"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 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 ...

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

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

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

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

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 ...