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millions of dollars in company money. and you won t believe where he got that money. to pay for an over-the-top lifestyle. luxury cars. a leer jet. lavish vacations for him and his familiar. prosecutors allege david brooks and his co-defendant not only used the company as their personal piggy bank, they profited handsomely in a clax pump-and-dump stock schemes. brooks allegedly cooked the books to drive up the stock then sold it why for a windfall of $180 million. legally, it s not all that exciting. it s a fairly classic pump-and-dump cases. it s the details that make it so delicious. reporter: yeah, one of those delicious details brook allegedly built this opulent life literally on the backs of soldiers. that s because the company he founded and ran, dhb industries, now known as point blank solutions, makes body armor for the u.s. military. the intercepter has saved thousands of life in iraq and
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allegedly built his opulent life literally on the backs of soldiers. that s because the company he founded and ran, dhb industries, now known as point blank solutions, makes body armor for the u.s. military. the intercepter has saved house to of life in iraq and afghanistan. reporter: why should you care? it does seem particularly bad, given what he was selling, something that we all want so desperately to work and protect our troops, but it s also that because all the money here ultimately comes from taxpayers. reporter: that s right, a government contractor, before he left the company, was accused of making money by taking your money. after all, your tax dollars paid for those bulletproof vests. michael adair has been watching the trial closely because he invested in dhb industries and lost $500,000 when the alleged scam was revealed and the stock
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it s the details that make this case so delicious. reporter: one of those delicious details, brooks allegedly built this opulent life literally on the backs of soldiers, that s because the company he founded and ran, dhb industries now known as point blank solutions, makes body armor for the u.s. military. the intercepter has saved thousands of lives in iraq and afghanistan. reporter: why should you care? it does seem particularly bad, given what he was selling. something that we all want so desperately to work and protect our troops. but it s also bad, because all the money here ultimately comes from taxpayers. reporter: that s right. a government contractor who before he left the company, was accused of making money by taking your money. after all, your tax dollars paid for those bulletproof vests. michael adair has been watching the trial closely. because he invested in dhb
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