Two men have been indicted in New York on federal criminal charges in connection with a water vending machine Ponzi scheme that allegedly swindled investors out of more than $200 million, the ...

Federal prosecutors in New York and Washington state say an Everett man is accused of orchestrating a nationwide Ponzi scheme involving water vending machines that defrauded investors out of more than ...

An Everett man is now under federal indictment for an alleged Ponzi scheme that was described by an investor as “the largest franchise fraud case in the history of the United States,” according to a ...

There has not been much news regarding SEC[1] enforcement lately, but today the SEC and DOJ[2] both charged a founder of a Washington-based water vending machine manufacturer Water Station Management, ...

NEW YORK (Reuters) -A Washington state entrepreneur and a former Jefferies portfolio manager were criminally charged on Thursday over a Ponzi scheme and related fraud involving water vending machines ...