"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 ...

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

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

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 ...

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