Defendants Charged In Over $200 Million Water Vending Machine Ponzi Scheme and Related Investment Fraud
… of Investigation (“FBI”), W. Mike Herrington, announced today the unsealing of an Indictment and Superseding … public.” “The scale of this fraud, which resulted in at least $200 million in losses, is simply staggering,” said … its investors. Instead, CHIRICO directed the 352 Fund to buy another $19 million of additional Water Station-issued …