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 ...

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

An Everett man facing multiple civil lawsuits over an alleged Ponzi scheme was hit with criminal charges this week.

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

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 ...

A complaint lodged June 10 by the hedge fund 352 Capital GP alleges First Fed conspired with WaterStation Management owner Ryan Wear and a network of affiliated businesses he controlled to defraud ...