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

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

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

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

The charges center around a company that, according to the DOJ and the FBI, persuaded investors to back water purification ...