Five former San Diego city officials were charged with fraud yesterday in a federal complaint that says they misled bond investors and Wall Street analysts in borrowing $262 million in 2002 and 2003.
The Securities and Exchange Commission accused a group that included former City Manager Michael Uberuaga of recklessly omitting details of ballooning pension and retiree health obligations in five bond offerings.
Tuesday, April 08, 2008
Five Former San Diego Officials charged with fraud
San Diego Union Tribune reports:
