Vaughan companies raided

investigation– heats up– into a multi million dollar investment scheme the new details– on the doug vaughan case the offices of doug vaughan– the man at the center of an alleged ponzi scheme– are being raided right now by federal and state investigators cristina rodda joins us live from vaughan s main albuquerque office– to tell us exactly what they are looking for cristina investigators are searching for
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12 00 pm promissory notes in the form of documents or electronic data showing doug vaughain a contractual agreement with investors at eight this morning the new mexico securities division and secret services plus a financial crimes task force– served warrants at vaughan s main office along academy and the vaughan company realtors on paseo del norte they want anything they can find– to connect him to the numerous counts he faces here is doug vaughan a few weeks ago at a bankruptcy meeting of creditors that same day the c-e-o- of vaughan s company the vaughan company realtors said he had not seen any records of vaughan dealings with investors at the location on paseo he also said vaughan did not do business at that location any longer and didn t have free access to their financial records coming up in the next half hour a look at why investigators waited until now to execute these search warrants reporting live from academy and in northeast albuquerque cristina rodda eyewitness news four