CARMEL, Ind. — A Carmel man working in finance faces federal charges on accusations that he is connected to a $200-million-plus Ponzi scheme involving water vending machines, according to the Indianapolis Business Journal.
Jordan Chirico, 41, reportedly worked as an investment fund manager for a New York City-based asset-management firm from 2020 to 2024. He now faces both criminal charges and civil litigation over his alleged connections to a massive case of fraud and racketeering.
According to the IBJ, Chirico joined Leucadia Asset Management LLC in May 2020 to manage a hedge fund called the 352 Capital ABS Master Fund LP. Leucadia reportedly focused its work on pension funds, insurance companies and sovereign wealth funds…