Founder of Austin beverage company charged with defrauding investors millions ...Middle East

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Founder of Austin beverage company charged with defrauding investors millions
AUSTIN (KXAN) --- The founder and executive chairman of a beverage company appeared in court for lying to solicit investments, according to U.S. Attorney Philip R. Sellinger. Todd O'Gara was charged by complaint with one count of wire fraud. O'Gara founded the beverage company, Wanu Water, Inc., which is headquartered in Austin. According to court documents, he raised at least $3.4 million dollars from individual victim investors. It alleges he repeatedly lied to get those investments and to encourage victims to maintain their investments. "Among other things, O'GARA lied to investors about his education and professionalcredentials, about retailers' purchase orders for Wanu, an

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