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SAN DIEGO (KGTV) -- A San Diego-based financial investment advisor 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.Sharon and David Vega said they started working with Christopher Dougherty about 17 years ago. A few years ago, Sharon Vega said that he recommended to take money “out of the TD Ameritrade and place it in private placement in farm subsidy accounts.”The Vegas trusted him and placed approximately ,000 in these new accounts. They said they continued to receive statements showing how their money was doing, but they started to see red flags. Sharon Vega said when checks bounced, Dougherty gave various excuses.She showed Team 10 one bounced check where Dougherty claimed “there was a mix-up at the bank.” They decided to sever ties and asked for their money back.“He said no problem, he would start on it right away,” Sharon Vega said. However, she said that did not happen. She showed Team 10 several text messages from Dougherty late August into early September promising their money. One message said the transfer was “already in motion. Should see it shortly.”“We have not received any funds back. He filed bankruptcy and he’s trying to have ours discharged with many other people’s,” Vega said. She said the ,000 was money they had been saving to try and help their grandchildren with college.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 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. “It’s devastating,” said Jerry, another former client of Dougherty. He and his wife declined to use their last name.Jerry and his wife Diane told Team 10 they invested more than million with Dougherty over the years. At first, it was with traditional accounts. They said he later convinced them to invest in an Alpine farm. They thought they were diversifying their retirement money, but what they know now is everything they saved for is gone and what happened to their funds is unclear. Like Sharon and David Vega, they said Dougherty kept sending them statements.“We rely upon our children now,” Jerry said. “We can’t even afford a burial plot.”In 2011, Dougherty was charged for stealing money from a youth baseball league. He was ultimately sentenced to three years summary probation, according to the District Attorney’s Office. Team 10 attempted to contact Dougherty and his wife, Nereida, who is also named in the bankruptcy documents. They did not respond. An attorney for the Doughertys also did not respond to Team 10’s inquiries. Investigator Melissa Mecija visited the Alpine ranch connected to the couple, where a tenant said his power has been shut off three times in the last several months. It was a bill he said the Doughertys were supposed to pay. Sharon Vega said she tries to stay strong as she deals with multiple setbacks, including her husband’s larynx cancer. “He was diagnosed… when all of this happened,” she said. Lt. Kevin Menzies with the Sheriff’s Department confirmed there is an open investigation, with ten alleged victims currently identified.The Securities and Exchange Commission also has an open investigation into Dougherty. 3493

SAN DIEGO (KGTV) -- A warning for all homeowners after what looked like a yard sale turned out to be an elaborate theft. Several men staying in a vacation rental near La Jolla pulled up in a moving truck, stealing everything inside. Surveillance cameras caught men moving things through a Birdrock-area garage and into a truck, but the men aren’t movers. They were reportedly staying in the vacation rental, but according to the homeowner had checked in using fake credentials, fake credit cards and fake IDs. "As soon as I found out I went and told all of my employees, and will definitely spread the word that there is a crew going around doing something like this,” said Tyler Trowbridge, a contractor at Trowbridge Custom Floors.Trowbridge is a contractor working in the neighborhood. He’s had tools stolen while working at home and knows how the homeowner is feeling. "You don't wish it upon anybody, it's their personal belongings and their home was invaded. It's a breach of privacy and an invasion in your world."In this case, it wasn’t small belongings either. The owner says the men cleared the place out, taking everything from furniture and TVs to the stove. "When I talked to the actual owner, it was a lot more intense than I thought."What’s more, the owner says meth was left inside. "The fact that there were drugs in the house too, leads me to believe that it might happen again too."La Jolla Vacation Rentals is the property manager. 10News asked them for an interview, but they wouldn’t do it. The homeowner and a contractor warning the neighborhood to watch out. "It's just sad that there are people out there that take advantage of these situations." 1680

SAN DIEGO (KGTV) - A semi-truck carrying boxes of grapes caught fire as it traveled down Interstate 8 in El Cajon Monday morning.Authorities received reports of a semi-truck on fire on westbound I-8 just near dunbar lane shortly after 12:30 a.m.Firefighters arrived to put the fire out and attempted to save the shipments of grapes, but it was a total lost.California Highway Patrol officials said the truck’s driver escaped unharmed.The cause of the fire is under investigation. 487

SAN DIEGO (KGTV) - A young man was trapped in his car after a crash on southbound Interstate 15 at I-805 Monday afternoon.The solo-vehicle crash happened about 1:30 p.m. The man went off the freeway and into a tree, leaving his car a mangled wreck.San Diego Fire Captain Steve Salasz described the rescue as a “complicated effort”.Several firefighters used saws to free the man, whose foot was stuck in a floorboard.The man, who was alert and talking during the rescue, was taken to Scripps Mercy Hospital for treatment.There was no word on his condition but Salasz described his injuries as “severe”.Investigators did not release the cause of the crash. 662

SAN DIEGO (KGTV) - After paying off over 3,000 in debt, a San Diego family is packing up and leaving California. 10News first began following Josh and Amanda Williams' journey when they had just ,000 of debt left to pay off. Amanda documents their journey on Instagram and has since gained a following of over 70,000 people. "Before I got a budget I would basically just go to a store and see something I wanted and swipe, buy it, and then not really know how much money I had in my account. So I was living kind of in a crisis mode," said Amanda. While the couple could reach their retirement goals in San Diego, they want to do it faster.RELATED: San Diego woman climbs out of 3,000 debt holeSo they made a drastic decision to move to Austin, Texas, where their company has another office where they can work while keeping their California salaries. Looking at a comparison cost calculator, the couple will save in almost every area. 953