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Old-timers remember the Ponzi scheme named J. David that dominated San Diego news in the 1980s and into the 1990s. J. David Dominelli, the main manipulator, went to prison for a long stretch and has since died. Now there is a J. David Financial Group scandal in Houston. College coaches lost more than $7.8 million in David Salinas's investment scheme. This one had a twist: Salinas ran a basketball camp, and some suspect that coaches put their money with Salinas to get a crack at top athletes. This month, Salidas was found shot in the head; it was ruled a suicide.
Old-timers remember the Ponzi scheme named J. David that dominated San Diego news in the 1980s and into the 1990s. J. David Dominelli, the main manipulator, went to prison for a long stretch and has since died. Now there is a J. David Financial Group scandal in Houston. College coaches lost more than $7.8 million in David Salinas's investment scheme. This one had a twist: Salinas ran a basketball camp, and some suspect that coaches put their money with Salinas to get a crack at top athletes. This month, Salidas was found shot in the head; it was ruled a suicide.