investigators say an eastbay man led people to believe that is what he did and promised luxury suites, the onl problem, it was a scam. prosecutors insist there were n tickets and instead, he stole $39 million over seven years in a ponzi scheme. a federal gran jury indicted him this week. ho does a ponzi scheme work? fraudsters lure people and companies to invest their moninto something that generate high returns. but in reality the monsenot invested at all. the returns are just coming fro other investors who was scammed but first, we will talk about weather. >>> we know earlier, darren, we saw rain over the last couple o days t cleared up a little bit. we are talking about the potential for more rain now. darren has been busy tracking all of that. we are seeing on the radar a little bit of activity, a little bit of green out there in the mountains, let's head this way and join darren at the video wall for now. there it goes. we see it. the rain. it looks like a little bit of snow way up in northern california, right? >> i thought you were going to do the whole forecast. >> i almost di

berkeley and cal state eastbay grads are on their way to the next chapter of their lives. thousands of grads are excited to enter the so-called real world. but lots of them expected concerns about the uncertainty of the world in these immediate times. tech students express fear about the continued rise of artificial intelligence, economics majors cited the recent bank failures in the bay area. but they are all coming out with a special education and many showed more than just a youthful optimism. >> i've grown up in america where there is always that level of uncertainty and anxiety. it's a quickly changing world that we are being thrust into. one i feel we can take by the scruff of the neck a little bit. i don't know. >> steve wozniak delivered the commencement address. the cocreator of the apple computer. >>> two dozen students of color graduated from oakland. the financial education program. the students took eight months of personal finance literacy classes through the school of business. they will all get $8,000 for college from pg&e. >> a challenge is always good for