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Ponzi Schemer J. David "Jerry" Dominelli Is Dead
Don: Couldn't resist jumping in here. As one of the Union reporters assigned to the J.David story of the mid-80s, I've frequently wondered what ever became of the Great Humbug. Thanks for the reportage. I'm still amazed how after 25 years, Dominelli pulled it off. To those of us who scratched the story below the surface, he was always nothing but a transparent fraud.I still say shame on San Diego's rich and famous for falling for the old dodge that a common investor can reap 40 percent plus on his money -- especially arbitrage. They should known better. Remember how the LA Times insisted that J David had squirreled all the money safe and sound in Switerzerland for all his investors. Shame on them. We knew the cupboard was bare, the money all spent. I also wonder if Roger H. shed a tear upon hearing the news of the passing of his great Sugar Daddy. After all, at one time Dominelli held the deed to his house. You pegged Nancy Hoover to a tea --nothing but a gold digger. Best regards, Terry.— October 12, 2009 8:56 p.m.