Recently confirmed reports state that San Diego Police have opened a homicide investigation into the suspicious death of Tech Coast Angel member John G. Watson. His body was found in his home on June 8th. Early reports spoke only of the death of a happy bachelor with an enthusiasm for angel investing and his daily ocean swim regimen. Later reports state that Watson was "a victim of fraud and embezzlement. An individual who is suspected of those crimes has been arrested and is currently being held by the San Diego Police."

Steve Flaim, Tech Coast Angels' San Diego President, earlier wrote, "John had a distinguished career in the pharmaceutical industry at Johnson & Johnson, Wyeth Pharmaceuticals, Vestar, Inc., Galagen, Inc., Carbomed, Inc. and Ionian Technologies, Inc. He joined TCA in 2008 and quickly became an important part of the BioMed Track pre-screening committee here in San Diego. He was elected to the San Diego Board of Directors in 2009."