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SAN DIEGO (KGTV) -- Investors say an Oceanside company that promised a green and environmentally friendly way for people to invest their money, instead left them with nothing.Team 10 has spoken to multiple people who said they invested with the Pacific Teak Reforestation Project, managed and developed by Pacific Management Group.On the company’s website, Ron Fleming is listed as PMG’s founder and chairman of the board. The website states the reforestation project “provides individuals, businesses, and institutions around the world with the opportunity to build their financial future, while saving one of the earth’s most precious and scarce natural habitats: the tropical rainforest.” The company said as the trees matured and grew larger, so did profits. The website stated that "in the time it takes teak trees to grow from seedlings to maturity--after only 15 full years of growth--[the] asset's value will likely increase as many as ten times based on historical price trends." Investors would then benefit from that profit.Mark Baker, who lives in Tucson, said he and Fleming grew up together and their mothers were best friends. In 2010, he invested ,000 of his retirement money into Pacific Teak.“That money to me was going to be part of my legacy to help my grandkids go to school,” Baker said.In 2014, he said he invested another 0,000. To this day, he said he has not received any return on that investment. “I’ve had to make a plan B for my retirement,” Baker said.Team 10 spoke to at least six people who invested with Pacific Teak. Their teak tree purchase agreements show the investors paid anywhere from nearly ,000 to nearly 0,000 for a teak tree project in Costa Rica.“It was a green investment... they were planting and they were redeveloping land that had been the victim of slash and burn techniques by the locals,” said Greg Robertson, another investor who currently lives in Rome, Italy.Robertson met Fleming on a flight in the late 1990s. “That developed into a friendship,” he said.He invested nearly ,000 in the project. “This was a very green project. It was long term,” he said. “It was all positives.”It was positive at first, but Robertson said it changed as time went on. “No monthly letters or annual business account letters... nothing. Zero,” Robertson said. “It was unusual.”Michael Tillman said he put in more than ,000 with Pacific Teak in early 2009. He has not received any money on his investment.“It’s just the stress of trying to figure out where I’m going to recoup this money to send my daughter to school,” Tillman said.Tillman said investors were given teak forecasters, which showed how much trees gained in value over the years. “So, I’m looking at the low end which is ,000... and I’m thinking, that’ll cover maybe a semester or two,” he said.Tilllman said he started to sense something was wrong a couple years ago when they stopped hearing from Fleming. Tillman got in contact with other investors, like Baker and Robertson, and discovered many people had not received any return on investment. “I’m already stressed out because for so long, I thought that it was taken care of,” Tillman said.Team 10 reached Fleming via email. He said he “resigned himself from executive position in Pacific Management Group the later part of 2013 due to health issues.” He also said that he left prior to Hurricane Otto in 2016, which he alleged caused catastrophic damage to the project.”The investors said they were not aware of Fleming’s retirement in 2013, as he never communicated that to them. The investors also said they were not informed of any hurricane damage until after they questioned Fleming for updates.“I was devastated. I never thought it was part of his character,” Baker said.A spokesperson with the Department of Business Oversight—which is now the California Department of Financial Protection and Innovation—said Fleming was not supposed to operate in California. The DBO issued a desist and refrain order in 2016. It said Pacific Teak and Pacific Management Group did not have the proper permit to be in business. In addition, the state found the company “misrepresented that investors would receive substantial profits.” It also found the company was in violation of the Corporate Securities Law. The state said Fleming and the company “misrepresented to investors this investment opportunity was low- risk.” Fleming never responded to Team 10’s follow up questions, only writing that he was “super busy” with his youngest daughter getting married.Fleming’s attorney contacted Team 10, telling me the “matter is complex and there are many unfounded rumors, along with misstatements, that have been circulating.“The fact is that Mr. Fleming has done nothing unethical in connection with his association with Pacific Management from which he resigned in 2013. I would request that you and your employer be very careful in what you publish in this matter,” wrote attorney Dominic Amorosa.He added in a separate email: "I am not sure whether you can find any investor in the United States who believes that an investment must necessarily be successful notwithstanding any foreseeable or unforeseeable events." The investors are still in disbelief about the turn of events and hope they will able to recoup some of their money. “He didn’t care about us at all, just about himself,” Robertson said.“He messed up so many lives. So many lives,” Baker added.Investors said they reported Fleming to the FBI. A spokesperson said they could not confirm or deny any investigation, but will take appropriate action if it is warranted. 5616
SAN DIEGO (KGTV) - Life in San Diego is expensive. Most people would like to have more money, but they don’t always like talking about it. 10News is exploring solutions in our coverage of Making It in San Diego. The fear can grow when retirement comes closer. “You wake up and it’s already gone, and I’m in my early 60s and all of a sudden you have to plan for these things,” says Bob Bishop, who is close to retirement age. RELATED: Making It in San Diego: Not all 401Ks are equalThe SDFLC is a nonprofit group offering help to people at every stage of life, free of charge. “Planning, figuring out what it is you want to accomplish is the most important thing you can do,” says Chase Peckham, Director of Community Outreach at the SDFLC.Through programs like “Smart with your Money” and “Boost for our Heroes”, the center tailors its financial advice to the customer’s needs. RELATED: Making It in San Diego: Woman climbs out of 3,000 debt holeThe hardest part of the planning is asking for help. “We’ll hire somebody to come help us in our yard, we'll hire somebody to come fix our plumbing, so why not get help from financial experts and they see it every single day.” Experts offer one key tip to get started: pay yourself. “That way you know every single month what's leftover. You don't have to put away because you've already put away the amount you want to put away.” 1387

SAN DIEGO (KGTV) - Inside an MCAS Miramar courtroom Thursday, the military held a preliminary hearing for a Navy corpsman who's charged in connection with the death of a fellow Navy corpsman, HM3 Michael Vincent De Leon. A corpsman is a type of medic.ABC 10News' cameras were not allowed inside, where accused corpsman HM1 Ryan Dini appeared in his military fatigues alongside his private counsel."A cover-up is what I felt [happened] from the get-go," Jose De Leon told ABC 10News just after the hearing. He has suspected a possible cover-up since his 30-year-old son died on the Twentynine Palms military base last year.At Thursday's hearing, the prosecution argued that HM1 Dini should face additional charges related to negligence. He's already charged in part with dereliction of duty resulting in death and drunk and disorderly conduct. HM1 Dini has 19 years of service with the military.The prosecution stated that HM1 Dini and a handful of others service members including Michael were at a house party on-base where alcohol was flowing, and guns were being dry-fired the night of the death.HM1 Dini's defense denied any wrongdoing."[HM1 Dini] being the most senior individual at this going-away party failed to protect not just Michael but everyone there because they were in danger when these firearms came out," said Jose De Leon. He told us in September, "We know that the firearm was dry-fired at Michael. The firearm was put away and it came out again and according to some statements they were horsing around, and the firearm came out again and that's when Michael was killed."He said that the shooting was first called in as a suicide but ABC 10News then learned from a source with close military ties that the death was being investigated as a homicide.A prosecutor named three other service members in the hearing. Their involvement remains unknown.The prosecution told ABC 10News that in about three weeks a judge will determine whether HM1 Dini's charges will be sustained and whether he'll face additional charges.Naval Criminal Investigative Service wrote to ABC 10News on Thursday that the investigation is still open. 2149
SAN DIEGO (KGTV) — In a scientific 10News/Union-Tribune poll, 500 adults were surveyed on their thoughts on the response to the coronavirus thus far.Adults were asked whether they trusted news about the virus coming from government officials and media, and if they've started to stockpile supplies in response.Overall, a majority of San Diegans surveyed are concerned about the virus, but many also believe the government is making it seem less dangerous while the media is making it seem more dangerous.Most San Diegans who participated also say they have not started to stockpile supplies like toilet paper and hand sanitizer in response.Here's a look at some of the survey's results:How concerned are you about the coronavirus?Extremely: 23 percentSomewhat: 38 percentOn The Fence: 14 percentNot Very Concerned: 19 percentNot At All Concerned: 6 percentNot Sure: 1 percentBased on what you know, do you believe each of the following is telling the truth about the coronavirus? Making the coronavirus seem more dangerous than it actually is? Or making the coronavirus seem less dangerous than it actually is?The World Health Organization, or WHO, in Switzerland:Telling The Truth: 48 percentMaking It Seem More Dangerous: 30 percentMaking It Seem Less Dangerous: 7 percentNot Sure: 15 percentThe US Centers for Disease Control and Prevention, or CDC, in Atlanta:Telling The Truth: 47 percentMaking It Seem More Dangerous: 29 percentMaking It Seem Less Dangerous: 12 percentNot Sure: 12 percentPresident Donald Trump: Telling The Truth: 22 percentMaking It Seem More Dangerous: 16 percentMaking It Seem Less Dangerous: 47 percentNot Sure: 15 percentState health officials:Telling The Truth: 39 percentMaking It Seem More Dangerous: 33 percentMaking It Seem Less Dangerous: 13 percentNot Sure: 16 percentGovernor Gavin Newsom:Telling The Truth: 29 percentMaking It Seem More Dangerous: 26 percentMaking It Seem Less Dangerous: 10 percentNot Sure: 35 percentNational news media:Telling The Truth: 22 percentMaking It Seem More Dangerous: 64 percentMaking It Seem Less Dangerous: 5 percentNot Sure: 9 percentDo you support or oppose the use of Marine Corp Air Station Miramar as a place to quarantine those who have or may have been exposed to the coronavirus?Support: 57 percentOppose: 22 percentNot Sure: 21 percentAs a result of the coronavirus, have you ... Bought extra hand sanitizer?Yes: 28 percentNo: 72 percentBought extra toilet paper?Yes: 16 percentNo: 84 percentBegun to stockpile non-perishable food items?Yes: 14 percentNo: 86 percent 2554
SAN DIEGO (KGTV) -- It will take about a month to get the old Family Courthouse in downtown San Diego demolished and the area cleaned up, and once it’s gone, work will begin on what will replace it -- brand new affordable housing units.Piece by piece, the building that once heard divorce, custody, and other domestic issues was torn down. In its place will be a new eight-story building with 120 affordable housing units at the corner of Sixth Avenue and Cedar Street.While it’s been vacant, it was used as a temporary shelter for migrant families seeking asylum. Soon it will become home to senior citizens and other families.To be eligible for this affordable housing, a household must make less than 60% of the area median Income. For San Diego, according to the San Diego County website, it is less than ,000 for one person.County Supervisor Nathan Fletcher said the location plays a big part in this project.“Everyone one wants affordable housing as long as it's not near them, but we know this is where housing needs to go. This location is in an urban environment in a downtown setting along transit corridors, walking distance to services is where we need to go,” Fletcher said.After the building is demolished, the next step in this project will be to get community input on the design of the unit. They don’t expect to break ground until 2024. 1365
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