EP 32: H2-Oh No! Inside the $200 Million Water Station Scam Part 2

In Part 2 of our deep dive into the Water Station Ponzi scheme, we uncover the shocking details of federal indictments against Ryan Wear and his co-conspirator, Jordan Chirico. With a staggering $275 million at stake, this episode reveals how investors were lured into a web of deception, with promises of reliable returns leading to phantom machines and inflated claims. Discover how the scheme unraveled in the courts, exposing the devastating impact on countless victims. Tune in now to learn the key lessons on investor protection and the red flags of a Ponzi scheme that you can't afford to miss!

Chapters

• (00:00:01) - Jordan Chirico Sold Phantom Water Machines and Corrupted Investors
• (00:06:52) - Jordan Chirico's Role in the Water Station Fraud Case
• (00:15:08) - Jordan Chirico Admits He Helped Ryan Ware In The
• (00:22:32) - Jordan Chirico Colluded with Ryan Ware to Prioritize
• (00:28:35) - Jordan Chirico Exploited Fraud in Water Station Bond Sale
• (00:34:19) - The 352 Fund Ponzi Scam
• (00:38:40) - Ryan Ware and Jordan Chirico: The Criminal Charges
• (00:40:59) - Jordan Chirico Was Charged With Investment Advisor Fraud
• (00:47:04) - Jordan Chirico Convicted of Fraud
• (00:49:11) - Another Scammer's Advice