2023-01-20

Former CEO of Texas Beverage Company Sentenced to 10 Years in Prison for Fraudulent Scheme Targeting Elderly Investors

The former CEO of a Texas beverage company was sentenced today to ten years in prison for his role in a high-yield investment scheme in which he and his co-conspirators fraudulently sold more than $12 million of stock in Dallas-based EarthWater Limited to elderly and other vulnerable victims.


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fraud



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