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Jean W Jacobs

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May 31, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
When her stockbroker talked, Jean W. Jacobs listened. And now she says she is sorry she did. Jacobs, 76, has always lived simply. In October, 1985, she inherited $1 million from her sister. She continued living in her modest mobile home in a trailer park in Santa Ana and entrusted the money to a local stockbroker, Joseph J. Squillaciotti, to invest. Seven years later, Jacobs still lives in the same Kona Kai trailer park. But a substantial amount of her inheritance is gone, she says.
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BUSINESS
May 31, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
When her stockbroker talked, Jean W. Jacobs listened. And now she says she is sorry she did. Jacobs, 76, has always lived simply. In October, 1985, she inherited $1 million from her sister. She continued living in her modest mobile home in a trailer park in Santa Ana and entrusted the money to a local stockbroker, Joseph J. Squillaciotti, to invest. Seven years later, Jacobs still lives in the same Kona Kai trailer park. But a substantial amount of her inheritance is gone, she says.
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