As former restaurateur Gina Champion-Cain spends her days and nights in a federal prison serving a 15-year sentence for securities fraud, others are spending their time looking for anyone else who might have helped her orchestrate San Diego’s single biggest Ponzi scheme.
While hundreds of victims have already filed suit against a major title company claiming it was complicit in pulling off the $400 million scheme, the court-appointed receiver in Champion-Cain’s civil case brought by the Securities and Exchange Commission has now identified someone else it believes also bears some responsibility for abetting the fraud.
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In a lawsuit filed last month in federal court, receiver Krista Freitag accuses real estate developer Kim Peterson and his affiliated…