Fort Lauderdale yacht company executive charged in alleged investment fraud

Published: 11/12/2017
Fort Lauderdale yacht company executive charged in alleged investment fraud
Source: FEEDS.BIZJOURNALS.COM

The CEO of a Fort Lauderdale yacht-sharing company was indicted by a federal grand jury on Nov. 30 for allegedly operating an investment fraud scheme. Andrew Deme, 51, of Fort Lauderdale, and his conspirators allegedly solicited investments in Connecticut and across the country for his company Waters Club Holdings, Inc., claiming the money would be used to introduce a "revolutionary sharing econo

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