Two years after buying abandoned skydiving center, San Diego mayor agrees to appraise the property

San Diego Union Tribune on MSN.com
Two-plus years after spending $7 million to purchase a failed indoor skydiving center without the benefit of an independent appraisal, the city of San Diego has agreed to hire an expert to determine the value of the property. The newly planned property ...
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Gina Champion-Cain Faces 15-Year Term for Record San Diego Ponzi Scheme

Times of San Diego
A San Diego businesswoman pleaded guilty Wednesday to conspiracy, securities fraud and obstruction of justice charges for taking hundreds of millions of dollars in investor funds intended as loans for liquor licenses and funneling the money into her companies and for personal purchases.
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Business Exec Gina Champion-Cain Admits She's ‘Mastermind' Behind $400 Million Ponzi Scheme

NBC 7 San Diego on MSN.com
Cain, was accused of scamming investors out of about $400 million, reports NBC 7’s Artie Ojeda. Prominent San Diego businesswoman Gina Champion-Cain pleaded guilty Wednesday to securities fraud, conspiracy and obstruction of justice for defrauding investors out of $400 million through a liquor-license loan funding program.
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‘NOW SHOW ME THE MONEY’: San Diego’s Champion-Cain Faces 15-Year Term

Times of San Diego
A San Diego businesswoman pleaded guilty Wednesday to conspiracy, securities fraud and obstruction of justice charges for taking hundreds of millions of dollars in investor funds intended as loans for liquor licenses and funneling the money into her companies and for personal purchases.
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