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SAN DIEGO (KGTV) -- A bankruptcy judge told a San Diego-based financial investment advisor that he was spending against her orders. She told Christopher Dougherty he doesn’t have the right to prefer his kid’s expenses over his creditors.Today the judge ruled Dougherty will be in Chapter seven bankruptcy, meaning that he and his wife are no longer in charge of their own assets.A trustee will investigate and liquidate those assets.Dougherty is being accused of running a Ponzi scheme targeting mostly elderly victims who planning for retirement and taking more than million, according to bankruptcy court records.In bankruptcy court documents, the United States Trustee wrote Dougherty’s “deception is the basis of a Ponzi scheme.”“[Their] practice of using new investment money to pay existing investors dividends and the principal gave the false impression that the payments received by investors came from earnings and profits or from a return of their principal,” the documents said.The San Diego County Sheriff's Department tells 10News there is a criminal investigation into Christopher Dougherty with at least 30 potential victims.The Securities and Exchange Commission also has an open investigation into Dougherty. 1237
SAN DIEGO (KGTV) — A family of five was displaced after a fire erupted in their City Heights kitchen Tuesday.The fire began in the kitchen of a home in the 3700 block of 41st St. According to San Diego Fire-Rescue Capt. Juan Flores, the fire appeared to begin accidentally in the cooking area as food was being prepared.Six units responded, keeping the fire isolated to the kitchen of the residence, Flores added.The family, two adults and three children, were displaced by the fire. The Red Cross is currently helping them.No other units on the property were damaged. 576
SAN DIEGO (KGTV) - A group of San Diegans fighting for rent control is bringing their battle to city leaders this week.The group San Diego Tenants United is calling for city leaders to pass a rent control ordinance to curb the skyrocketing cost of living in San Diego.In a letter to San Diego's Smart Growth & Land Use Committee Chair Georgette Gomez, the group requested a new rent control ordinance and amendment to San Diego's Just Cause Eviction ordinance to prohibit landlords from increasing rents or displacing families.RELATED: San Diego group calling for rent controlThe group believes a permanent ordinance and amendment will slow the rate of increase in local rents and stifle the local housing crises."This can make real, effective changes that can truly fight displacement and gentrification," the letter to Gomez reads. "All the cities across California who have passed rent control have done so because they know that it's a crucial part of the solution to our housing crisis."Members of San Diego Tenants United plan to gather at San Diego City Council on Wednesday to protest and present their petition to leaders.RELATED: New numbers show exodus from San Diego County, CaliforniaRent control opponents also plan to be at the committee meeting. Members of the San Diego County Apartment Association say rent control would hurt the livelihoods of many landlords and property managers."Delivering units is what we really need to do, it's the only way we believe we can build ourselves out of this crisis," said Christian Davis, president of the association. "We need to push politics aside and do what's right for neighborhoods, build housing."Davis says many landlords must raise rent to cover their rising costs, including wages, goods, and utilities."Add rent control on top of that and many of our members could run the risk of, can't afford to be in business any longer," said DavisRELATED: Zillow report shows rent prices in San Diego, across US accelerating rapidlyDavis says rent control will not address San Diego's housing crisis and that city needs to make it easier and more affordable to build new housing.According to ApartmentList.com, the median rent in San Diego for a one-bedroom apartment is ,550 and ,010 for a two-bedroom.April was also the second straight month the city has seen an increase in rent following a January decrease, according to the website. 2443
SAN DIEGO (KGTV) - A burglary at a shuttered salon in the College Area has dealt a 'punch to the gut' to an owner struggling to keep her business open.Just before 6 a.m. Sunday morning, video shows someone at the door of 'DO Beauty Boutique on El Cajon Boulevard. In the video, the door can be heard being pried open for several minutes, before the burglar lets himself in. Another intruder soon follows. With flashlights shining, they go shopping for more than 20 minutes before ripping down the surveillance camera."It's gut-wrenching. Just trying not to cry," said salon owner Tiffany Schaaff.Schaaff who opened the salon three years ago."They cleaned us out. Definitely a punch to the gut," said Schaaff.Shelves full of retail hair products are now empty. Also missing were tools of the trade, including flat irons, blow dryers, and scissors. The thieves even took drawers to carry out their haul.The total loss, including damage to the front door, is now at ,000 and climbing. Schaaff has insurance, but even the deductible is a hardship."Very trying. Definitely a month-to-month situation as to whether we are going to continue," said Schaaff.The salon is in its third shutdown of the pandemic. Yearly revenues are down about 75%."We’re bleeding out our pockets ... There’s 0 left in the salon account and we’ve cleared my savings," said Schaaff.An emotional Schaff vows to fight to keep her salon open, but it’s getting tougher every day, and this break-in just dealt her even more pain."I am going to continue persevering. I'm going to try to do that the best I can. At what point do we keep continue taking a hit on a personal level for a business, but it’s also my dream. That’s the line we’re towing," said Schaaff.A Gofundme campaign has been set up to help the salon recover.Anyone with information on the case if asked to call Crimestoppers at 888-580-8477. 1884
SAN DIEGO (KGTV and CNS) - A judge Thursday approved a motion adding new claims to a wrongful death lawsuit in the case of a woman who was fatally struck in La Jolla by an armored truck driver two years ago. 215