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SAN DIEGO (CNS) - The Poway man accused of running a million dollar Ponzi scheme has pleaded guilty to grand theft and securities fraud. He is slated to be sentenced to a dozen years in state prison next month for orchestrating the scheme that scammed nearly 50 victims, the California Department of Insurance announced Wednesday.Team 10 first spoke to several alleged victims of Dougherty last year. They said he stole the money he was supposed to invest for them. Sheriff's investigators said he targeted the elderly planning for retirement. He offered victims investment opportunities in companies he owned, then used some of their funds for his personal expenses like home remodeling, travel and college tuition, according to officials.A spokesperson for the District Attorney's Office said 47-year-old Christopher Dougherty pleaded guilty to three counts of securities fraud, three counts of grand theft, and admitted to a white collar crime enhancement.Dougherty also used some of the victims' money to pay back other investors "in classic Ponzi fashion," according to the Department of Insurance. When he was no longer able to pay his investors back, "the Ponzi scheme collapsed."RELATED: San Diego man suspected of stealing millions in Ponzi scheme arrestedMore than half of Dougherty's victims were 65 years of age or older, according to prosecutors.Among the investments Dougherty touted to his victims was a 100-acre organic cattle ranch and marijuana growing project in Alpine that didn't generate any profits for investors.Dougherty filed for bankruptcy in October 2018.RELATED COVERAGE:San Diego man accused of taking millions of dollars in alleged Ponzi schemeSan Diegans wonder if they will get their money back from alleged Ponzi schemeTeam 10: More San Diegans come forward about alleged Ponzi scheme"Dougherty ruthlessly took advantage of his clients' trust in order to steal their life savings, causing unfathomable harm," state Insurance Commissioner Ricardo Lara said. "Thanks to the great work by Department of Insurance investigators and the San Diego (County) District Attorney's Office, his conviction will bring some level of justice to victims and their families."Dougherty was charged last April by the San Diego County District Attorney's Office and has been in custody since then.“This was a classic Ponzi scheme where the defendant stole millions of dollars from trusting families and senior citizens. These aren’t rich investors, they’re people who worked hard and trusted their life savings with someone who preyed on their vulnerabilities," District Attorney Summer Stephan said after Dougherty's arrest.Sentencing is slated for April 24. 2684

SAN DIEGO (CNS) - The Lucky Duck Foundation announced a million region-wide homeless employment and jobs training initiative Friday, aiming to hire and train people experiencing homelessness to secure long-term employment.An anonymous donor gave the million gift in grants to expand existing programs and launch new ones, including culinary skills, homeless outreach, community beautification work, youth support services and intensive job training.The donor asked the foundation to focus on high-impact programs to help people on the streets.FACING IT TOGETHER: How San Diego is working to end homelessness"The Lucky Duck Foundation is honored to work with our generous donor to establish a results-oriented, best-in-class strategy for reducing homelessness," said Stephanie Kilkenny, the foundation's co-founder and president. "The million gift allows us to deploy much-needed funding into the region to enable individuals to receive on-the-job training and long-term employment with the ultimate goal of securing housing to break the cycle of homelessness."Kilkenny said the foundation was anticipating more than 500 people to benefit from the new and expanded programs. It chose 10 organizations to help provide some of the services, including Salvation Army, Catholic Charities, Dreams for Change, National Alliance on Mental Illness and the San Diego Community College District's Continuing Education program, among others."The Lucky Duck Foundation is providing a hand-up for our North County neighbors struggling with homelessness," said Greg Anglea, CEO for Interfaith Community Services, another one of the organizations partnering with the foundation. "Their grant to Interfaith Community Services funds job- training, interview attire, employment equipment and transportation from shelters to job sites."RELATED: San Diego expands Wheels of Change homeless job initiativeLucky Duck Foundation is a nonprofit established in 2005 to fundraise for various causes. Since 2017, the foundation has focused on homelessness and providing resources and opportunities for those experiencing it. 2113

SAN DIEGO (CNS) - Police sought public help Tuesday to identify a pair of suspects who robbed two San Diego State University Students at gunpoint just blocks from campus.The students were walking about 1:35 a.m. Monday at Campanile Drive and Dorothy Drive when two men approached and demanded their belongings, according to the SDSU Police Department. One of the suspects was armed with a handgun.The victims complied with the demands and were not injured, according to police, who said the suspects fled in a white, four-door car heading north on Campanile Drive toward Montezuma Road.Both suspects were described as roughly 170-pound black men, one about 5- foot-7 and the other about 5-foot-10. They both wore dark hooded sweatshirts, saggy pants and sneakers.The San Diego Police Department is investigating the robbery, but university police released information as part of a community safety notification.Anyone with information about the crime was asked to call the SDPD at (619) 531-2000. Tipsters who wish to remain anonymous can call San Diego County Crime Stoppers at (888) 580-8477, or online at sdcrimestoppers.org. 1136

SAN DIEGO (CNS) - The San Diego County Board of Supervisors Wednesday gave final approval to a measure to reduce light pollution in two rural communities.The amendment to the county's Light Pollution Chapter ordinance covers the Julian and Borrego Springs Community Planning Areas. Both will now be considered "Zone C" to receive a Dark Sky Community designation, which limits the total amount of light per acre and has more restrictive standards for signage or nighttime sports.During their regular meeting on Oct. 28, supervisors approved the ordinance amendment on first reading, and also found it to be exempt from the state's Environmental Quality Act, as it does not affect land use or density.Taking effect in January, the ordinance will support Julian in becoming an International Dark Sky Community and update Borrego Springs' light pollution standards.According to the county, changes willinclude new lighting standards (for color type, levels and shielding) and sign illumination. The county will give existing developments 10-year grace period to come into compliance.Dark skies are important to astronomers for better viewing in rural communities, along with businesses that benefit from related tourism. San Diego County adopted a light pollution policy in 1985.Public outreach sessions found that residents in Borrego Springs and Julian were supportive of new regulations, according to the presentation to the board.Ordinance enforcement will cost an estimated ,000 in fiscal year 2021-22.The cost for residential property owners to upgrade their lighting ranges between and 0, while a retail store owner might pay between 0 and ,600, according to the county. 1697

SAN DIEGO (CNS) - The San Diego Armed Services YMCA hosted neighborhood food exchange event Thursday to combat hunger among local military members and their families.The event was open to active duty military members and their families who meet federal income requirements for emergency food assistance. The ASYMCA holds food exchange events on the fourth Thursday of each month from January to October and the third Thursday in November and December.``There is never enough that we can do for our military families and this is just one simple way to thank them for their service,'' said ASYMCA Executive Director Tim Ney. 630