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A man accused of running a multi-million dollar investment fraud scheme appeared in court for his preliminary hearing Monday.Jacob Cooper was the CEO of Total Wealth Management in San Diego. Prosecutors allege Cooper received a referral fee for placing clients’ money in certain funds. In many instances, Zipp said he received greater compensation through the referral fee than through his clients’ fees, creating a “blatant conflict of interest.”“He mainly was interested in whether a particular fund would enrich him, not whether it would enrich his paying client,” said Deputy District Attorney Rebecca Zipp.Zipp said Cooper had “no regard to investor goals or suitability for the investor.”Several clients testified in court Monday morning. Loren Engel said he and his wife both invested with TWM. He said they lost approximately 5,000. Engel was not aware Cooper and TWM were receiving what many victims described as kickbacks.“The risk of being defrauded is not a reasonable risk to assume,” Engel said, when the defense asked if he understood investments have risks.Many clients first learned about TWM through Cooper’s weekly radio show. Cooper also regularly appeared on local media.George Rasor called TWM after hearing Cooper on the radio. He testified that he invested more than 0,000. His son Jeffrey Rasor saw red flags when trying to get information about his father’s investments.“Questions not answered, not acceptably answered,” Jeffrey Rasor said when recalling TWM’s response after meeting with the company a few years ago. “Too much vagueness and a real concern that my father’s investments were in jeopardy.Cooper faces 19 felony counts, including conspiracy to commit a crime, elder theft, and making false statements in connect with sale of a security. Zipp said he could face a maximum of 23 years in prison if he is convicted. Cooper also faced several civil lawsuits and an investigation by the Securities and Exchange Commission.Cooper’s defense attorney, John Kirby, denies his client did anything wrong.“He did not have the intent to enrich himself above the interest of his clients,” Kirby said. Kirby said there were a number of funds where he received revenue sharing, but any conflict of interest was set out in documents.“Mr. Cooper had no intent to cheat or steal from anyone,” Kirby said. “He made bad investment decisions.”Kirby said Cooper and his family also lost money through the same investment funds. The preliminary hearing is expected to last several days. Two others connected with TWM already reached a plea deal. Doug Shoemaker and Nathan McNamee are scheduled to be sentenced later this week. 2656

A judge has approved the release of actress Allison Mack on a million bond, days after the former "Smallville" star was arrested on Friday for her alleged role in a sex trafficking case, a spokesperson for the United States Attorney's Office told CNN.The spokesperson could not confirm whether Mack had been released as of Tuesday afternoon.The actress was later seen leaving jail, according to media reports.Mack will be under house arrest in California and must wear an electronic monitoring device, the official added.Mack's attorneys have not responded to CNN's request for comment.Mack's approved release comes on the same day it came to light that her attorneys are in the process of negotiating a possible plea deal with prosecutors, according to public filings.The documents, signed by a judge last week and obtained by CNN, indicate a "reasonable likelihood" that the plea negotiations will "result in a disposition of this case without trial."Mack was indicted last week on charges of sex trafficking, sex trafficking conspiracy and forced labor conspiracy, according to a statement released by the Justice Department.Mack's charges relate to her alleged involvement with an organization called Nxivm (pronounced NEX-ium), an Albany, New York-based group that claimed to be a self-help program but was, in reality, a pyramid scheme in which some recruits were exploited sexually and for their labor,prosecutors allege in court filings.Mack pleaded not guilty.As part of her release, Mack is prohibited from contacting or associating with any present or former members of Nxivm, the U.S. Attorney's Office official told CNN.Nxivm's founder, Keith Raniere, also known within the group as Vanguard, is also fighting charges.Mack, 35, is professionally best known for her role as Clark Kent's confidant Chloe Sullivan on CW's "Smallville," which ran for 10 seasons. 1892

A federal judge on Friday upheld his order that the Deferred Action for Childhood Arrivals program should be fully restored, setting a 20-day deadline for the administration to do so.DC District Judge John Bates said the Trump administration still has failed to justify its proposal to end DACA, the Obama-era program that has protected from deportation nearly 800,000 young undocumented immigrants brought to the US as children.But Bates agreed to delay his ruling for 20 days to give the administration time to respond and appeal, if it chooses. 555

A law class at Georgia State University will focus on the life and career of "Real Housewives of Atlanta" star Kandi Burruss this upcoming semester.In a press release, the university said the singer, songwriter, actress, and entrepreneur will be the subject of Professor Mo Ivory's course of Entertainment, Sports, and Media Law Initiative, which prepares students for Georgia’s growing entertainment industry.“I chose Kandi because she has an amazing career, which spans every aspect of the entertainment industry from music, television, and live performance to licensing, apparel, and more,” Ivory said in the news release. “I wanted to study a woman this time around, and having worked with Kandi in the past, I knew she was the perfect choice. She handles her business and it shows with her success, but all the while she’s completely approachable and willing to share her lessons learned. I couldn’t be happier for my students to learn the law through Kandi’s career.”The course, which began in 2018, focused on the life of rapper and actor Ludacris last year.“I am honored to be part of this year’s curriculum at Georgia State University College of Law,” Burruss said in the release. “Attorneys are among the most important members of your team. It’s imperative you have the right lawyers around you to assist in making the best decisions. Every contract you sign is building towards your overall dreams and goals. I’m excited to see the students get a first-hand look into some of the contracts that have shaped my career thus far.”According to the school, students will study the business contracts the Grammy Award-winning songwriter has had through the years. 1677

A child had just moments to escape a carjacking when a thief jumped in the vehicle and sped off from a Detroit gas station, police say. According to Detroit Police, the female driver went inside the store to pay for gas. The suspect then entered the gold 2004 Pontiac Montana, and the 7-year-old girl barely managed to jump out of the minivan. Watch the surveillance video below: 402

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