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

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 faces federal charges in a $200 million Ponzi scheme, marking a significant case of franchise fraud.

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

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

Jordan Chirico is accused of directing the Jefferies fund, 352 Capital, to purchase bonds funding a Washington state business that purported to operate a network of water vending machines, according ...

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