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SAN DIEGO (KGTV) -- More victims have come forward, saying their financial advisor stole thousands of dollars in an alleged Ponzi scheme."He preyed on the elderly folks," said San Diego resident, Brian Taylor. Brian and his wife Sharon have been married for more than 50 years. Brian, a Navy veteran, said this is not how they planned to spend their retirement. "We enjoyed our lives. We don't enjoy our lives anymore," Brian said. Christopher Dougherty was their neighbor. Sharon said they knew their family well and often met for parties or gatherings over the years. They stated investing with Dougherty in the early 2000s. A few years ago, they moved money into his company C & N Wealth Management. The Taylors said Dougherty told them they were investing in tax-free municipal bonds. They learned later that was not true. "It was actually invested in heavy equipment," Brian said. "I couldn't believe it." They said it was all done without their knowledge. The couple learned about this just this past October. "He said, don't worry, you're getting your money back and we didn't know that was the day after he filed bankruptcy," Sharon said. The Taylors are the third couple Team 10 has interviewed regarding this alleged Ponzi scheme. Sharon and David Vega said Dougherty stole about ,000 from them. That money was meant to help their grandchildren when they go to college. "We have not received any funds back," Sharon Vega told Team 10.Diane and Jerry, who declined to use their last name, said Dougherty took more than million dollars from them, meant for their retirement. "We can't even afford a burial plot at this point," Jerry said. Late Tuesday afternoon, the Sheriff's Department confirmed a criminal investigation into Christopher Dougherty with at least 30 potential victims. Bankruptcy attorney Larissa Lazarus is with the Law Offices of Mark Miller. Their firm represents 11 people in the Dougherty bankruptcy case. "They are all just good, really kind people who unfortunately trusted someone who was a licensed financial advisor and wasn't actually looking out for their best interest." She said she could not say whether or not it was elder financial abuse, but Lazarus said Dougherty was "doing things he was not supposed to be doing as a licensed financial advisor." In 2011, Dougherty was charged with a felony for taking thousands of dollars from a youth sports league. He ended up pleading guilty to a misdemeanor and was sentenced to three years summary probation. Records from the Department of Insurance showed that Dougherty "took somewhere between ,000 and ,000 from the League's bank account" when he sered as volunteer treasurer. In a letter dated April 19, 2012, Dougherty wrote to the Department: ".. due to extreme financial hardship and personal issues, I suffered a lapse in judgment that was fortunately resolved within a short period of time due to my efforts." "If he gets away with it, he's going to continue doing it and we don't want anybody else to have to go through what we've gone through," Sharon Taylor said. 3085
SAN DIEGO (KGTV) -- On the first day of Kwanzaa, the WorldBeat Cultural Center is hosting a free event. The event includes traditional libations, drum call, Karamu traditional feast and Kwanzaa poetry by Johnnierenee Nia Nelson. Doors open at 6 p.m. at the WorldBeat Cultural Center in Balboa Park for the free event. Kwanzaa is an African American holiday celebrated from December 26 through January 1. The center will be celebrating five of seven days of Kwanzaa with master of ceremonies, Tukufu Kalonji. Kwanzaa is based on the agricultural celebrations of Africa called “the first fruits,” which were times of harvest. 632

SAN DIEGO (KGTV) -- New numbers show San Diego housing costs are taking up more than a third of people’s income. 57 percent of renters spend more than a third on housing and so do 40 percent of homeowners. That's the result of the annual Equinox Project released Thursday by the Center for Sustainable Energy in San Diego.Mikaella Bolling, the project’s manager says it boils down to supply and demand.“A lot of people say well we don't want development in my neighborhood or we don't want infill development in our neighborhood, but this is actually the solution that's going to allow us to have more affordable units,” she said.She points to the need for more partnerships to bridge the gaps and educate the public. “We need to have a better conversation between our residents, between our policymakers, and between our developers,” she said.The cost of a median single-family home in the county jumped 6.5 percent from 2016 to 2017. It’s now upwards of 5,000.“We're seeing that increase every year. Great for homeowners...but not great for buyers,” Bolling added. Krysta Cordill is a certified financial planner with D’Arcy Capital in Carmel Valley.“There's really no magic to it,” she said. “You have to make saving for a home a priority.” Cordill is a past president of the San Diego Financial Planners Association and has seen more clients worry about whether they can afford the high cost of living. “If you have a Roth Ira or traditional IRA, they allow you to take ,000 of that penalty-free for first-time home-buyers," Cordill said. She says people should consider starting in a condo or townhouse. “Just know that that's part of the process of home ownership,” Cordill said. As for saving, she offered up some simple tricks. “I've never talked to anyone who cannot pair down their expenses,” she said. First, she suggests cutting out easy online spending. Instead, say to yourself, ‘If I really need it, I'm going to go to the store.’”Cordill also suggests that you make your morning cup of coffee at home. And - despite San Diego’s tempting restaurant scene - limit dining out to once or twice a week. To check out the entire Quality of Life Dashboard report, click here. 2282
SAN DIEGO (KGTV) -- More than 100 cars pulled out of a downtown San Diego parking lot Wednesday morning hoping to make their voices heard against Proposition 22.Among the caravan -- made up of some local elected officials and workers from various industries -- were many rideshare drivers like Tonje Ettesvoll.Ettesvoll has been an Uber driver for four years, and she said if Prop. 22 passes next month, she will lose income and benefits that are currently protected under state law. If passed, she will be left to rely on what the rideshare companies said they will provide.“A lot of times we spend driving a passenger maybe to a remote area and we have to get back to where we live or where there’s people, and we don’t get paid for that time. And none of the benefit goes towards that time either,” Ettesvoll said.Prop. 22, which is heavily funded by companies like Uber and Lyft, would consider app-based drivers as independent contractors.Al Porce is a driver who supports the measure. If it passes, he said he’ll be able to control who he works for, for how long, and where.“Times are great right now. I’ve been driving all year. I switched over from transporting people to food and groceries. And then I started transporting people again,” said Porce.Opponents of Prop. 22 believe the measure will play a role in deepening racial inequality, citing that 78 percent of this workforce is made up of people of color.Supporters of the measure don’t agree, arguing this measure will keep all who want to work employed with steady income.The caravan is scheduled to stop Los Angeles, Bakersfield, and Fresno before ending in San Francisco. 1648
SAN DIEGO (KGTV) -- Police identified the man suspected of a sexual assault in a Mission Beach alley as 40-year old Philemon Shark from Seattle. According to San Diego police, a 24-year old woman was walking by herself on Bayside Lane around 8:45 a.m. on Sunday when Shark attacked her. The woman screamed for help, and several residents ran out and stopped Shark before he ran away.Officers caught up to him in a breezeway and took him into custody. Shark was booked on felony sexual assault charges and outstanding warrants from Washington state, according to police.Police said Shark had been in San Diego for a few months before the assault. 653
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