Law students, SDSU frat boys, UCSD’s Marxists, USD students on sex and religion, the UCSD watermelon drop, will SDSU students go to war?
Various Authors 2:01 p.m., Jan. 23
The Securities and Exchange Commission today (July 28) charged two San Diego area men, along with a Mexican citizen and four entities, with running a Ponzi-like scheme. Edward Lantz Ferguson of Strong's Capital of Chula Vista told investors they could make 3% to 8.25% a month investing in foreign currency trading. But he used $500,000 to pay earlier investors and for his own personal use, according to the SEC. Joel S. Ley of San Diego's Optimus Fund promised investors 4% a month, but diverted money to earlier investors and to himself, according to the agency. All told, the operators raised $14 million, says the SEC.