Free Republic

SAN DIEGO – A federal grand jury returned an indictment in the pension fund case Friday afternoon. Its details are to be announced at 2 p.m. The jury's foreman and federal prosecutor John Owens stood before U.S. District Judge Irma Gonzalez shortly before 1 p.m. to notify the judge and get her signature on the document. Nothing was revealed about its contents, and Owens declined to discuss it outside of court, but the U.S. Attorney's office has scheduled a news conference for 2 p.m. at its downtown offices.

A 20 count indictment against was leveled by a federal grand jury against former SDCERS trustees Ron Saathoff, Cathy Lexin, Theresa Webster, Lawrence Grissom and current General Counsel Lorranie Chapin. They were charged with wire fraud, mail fraud and conspiracy to commit wire and mail fraud and aiding and abetting.