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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 fire broke out at Trump Tower on Saturday, leaving one man dead and six firefighters injured, the New York City Fire Department said.Police identified the man killed as Todd Brassner, 67, a resident of the building's 50th floor. He was taken to the hospital in critical condition but later died, said spokeswoman Angelica Conroy of the Fire Department. 362

A Lexington man is accused of using other people's identities to buy luxury cars and lease apartments in Kentucky and Florida.39-year-old Kenneth Mobley was apprehended earlier this month as part of investigations by Lexington Police and the Kentucky State Police-Vehicle Investigations Unit. 300

A California synagogue has been vandalized with anti-Semitic graffiti less than a week after a gunman killed 11 Jewish worshipers in Pittsburgh.Someone spray-painted "F*** Jews" early Wednesday on the wall of Beth Jacob Congregation in Irvine, police said. The Irvine Police Department posted a surveillance-camera video of a man in a hoodie spraying the exterior of the synagogue.Police said officers will increase patrols around the city's Jewish organizations."IPD has reached out to its partners in the Jewish community to reaffirm the Department's commitment to protecting their members, houses of worship and educational institutions," the department posted on Facebook. Mayor Don Wagner said the vandalism and a similar anti-Semitic incident at Irvine Valley College are "enraging and unacceptable."In early October, police found swastikas scrawled in the restrooms of the college, according to a local councilwoman. 937

A group of California lawmakers is raising new questions about what the state is getting in return for the billions of dollars it has spent combating its homeless crisis.The seven lawmakers, all Republicans, are calling for an audit that will need bipartisan support to get going. In the last two years, California has invested .7 billion on homelessness, and Gov. Gavin Newsom is budgeting an additional .4 billion in next year's budget. Meanwhile, the Federal Department of Housing and Urban Development says California's homeless population increased by 16 percent last year, or 21,306 people. "I don't know where that money is going, and it's being approved by the legislature," said State Sen. Brian Jones, Republican of San Diego County's 38th district, who is calling for the audit. "So if I don't know where it's going, how can the taxpayers know where it's going?"Newsom's office did not immediately respond to a request for comment. Last week, Newsom unveiled a proposal for .4 billion to overhaul medi-cal and create a new fund that would serve in part to help people on the brink of homelessness make rent. San Diego homeless advocate Michael McConnell, who is not a member of a political party, said he has been asking many of the questions those seeking the audit are raising. "We know the big buckets that the money just kind of disappears into, but what we don't do is we don't follow it all the way through to see how many folks were actually getting out of homelessness," he said. The state's Joint Legislative Audit Committee, comprised mostly of Democrats, will consider the audit request at its Feb. 19 meeting. Last year, the San Diego County Taxpayers Association reported that local spending on homeless services increased 20-fold in the prior decade, but varying data collection methods made it hard to track return on investment. 1870