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

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

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

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

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

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

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

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 ...

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

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

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

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