Mark J. Boucher, 56, made unauthorized transfers from client accounts to his own accounts, used client funds to pay his credit card bills, and forged a client’s signature on checks from to earlier this year, according to the complaint filed in San Diego federal court. The SEC further alleges that Boucher used a significant portion of the stolen funds to pay for his extravagant personal expenses, including vacations and travel. In one instance, Boucher allegedly misappropriated funds from a client to purchase a Chevrolet Camaro, and then, over a year later, sold the car to the client. The SEC seeks permanent injunctions, disgorgement plus prejudgment interest, and civil penalties. Patch is a space for neighborhood news.
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Constructed in , it was one of the major suppliers of electricity for the region. On December 11, , the plant was put into “retired” status and officially stopped operations. The plant is owned by NRG Energy. EPS sits on the southern shore of the outer segment of the Agua Hedionda Lagoon ; once a stinking pool at low tide, it was opened to a continuous tidal flow to create a cooling system that was constructed along with the plant.
Now home to blue herons, ibises, and a multitude of aquatic life, the lagoon is attached to the ocean and other waterways through rising tide levels and various small creeks. In , Connecticut-based Poseidon Resources Corp.
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