The man vanished Saturday while swimming off the coast of La Jolla. The Coast Guard scoured the water for about 20 hours before calling off the search. Conditions at the time were stormy
Now, there are doubts about whether 53-year-old Jim Repetto was ever really in the water.
Federal prosecutors in Boston said Repetto is facing possible jail time for his involvement in a $1 million mail fraud scheme. He's charged with crimes that include fraud and attempting to intimidate a witness. His sentencing was set for next month.