Janss Marketplace is a busy outdoor shopping mall in Thousand Oaks, Calif., where Jon Coulombe planned to open a retro-themed bowling alley, skate park, arcade, bar and restaurant.

He planned to call it DaddyO’s Skater Bowl, and received upwards of half-a-million dollars from investors — mostly local residents — who wanted in on the project.

The community had been without a bowling center since Conejo Village Bowl was replaced by a Borders bookstore (which later went out of business).

The plan never came to fruition, however, and investors lost all of their money. What happened? Where did all the money go?

Check out the Thousand Oaks Acorn story here:

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