EP 31: H2-Oh No! Inside the $200 Million Water Station Scam Part I

What if you could invest in a simple water vending machine for $8,500 and watch the profits roll in every month? That’s the enticing promise made by Ryan Wear through his company, Water Station Management LLC. But behind this façade lies one of the boldest frauds in recent memory. In our investigation, we reveal how Wear constructed a Ponzi scheme with phantom machines and inflated revenue reports, leaving countless investors, including military veterans, devastated. Join us as we uncover the shocking truth behind the $200 million water station scam in this gripping two-part series.

Chapters

• (00:00:00) - Inside The $200 Million Water Station Scam
• (00:01:40) - Water Station Management Scam: $200 Million in Fraud
• (00:08:19) - Ryan Ware's Ponzi Scheme
• (00:13:43) - Ryan Ware's Next Move: A Bond Offerment
• (00:18:54) - Ryan Ware's elaborate Ponzi Scheme
• (00:24:57) - Ryan Ware on His Role in Water Station Fraud
• (00:27:35) - Jordan Chirico: The Real Story Behind Water Station
• (00:29:19) - Jordan Chirico's Connection to the Water Stake Fraud
• (00:32:02) - Jordan Chirico's Interference with Water Station
• (00:34:37) - Leucadia Asset Management Employee Conflicts of Interest
• (00:38:25) - Jordan Chirico Exploited His Personal Interest in Water Station
• (00:43:34) - Jordan Chirico Forced His Fund to Invest in Water Station
• (00:50:39) - Jordan Chirico's Plan to Sell His Own Water Machine
• (00:52:08) - Part 2: The Conflicts of Interest of Ryan Ware