Two people who allegedly took around $1 million from investors who believed they were buying stock options or franchises of a pizza restaurant chain have been charged in San Diego Superior Court with more than two dozen counts related to fraud or theft.
The victims, which included senior citizens and military veterans, paid between $5,000 to $150,000 in hopes of becoming legitimate business owners or stockholders, according to the California Attorney General’s Office, which said many of the victims had “little to no business investment experience.”
After getting the victims’ money, the defendants cut off communication with them, prosecutors said…