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Investors thought he was an ex-Miami Dolphin and that he’d make them rich. Wrong. They lost it all.

The Penningtons had already sunk $25,000 into a tech company when they found themselves in a luxury suite in the Miami Dolphins’ stadium, taking in the spectacle and listening to the CEO give his time-tested sales pitch.

The host was a former Miami Dolphin himself, they’d been told, and a former Miami Hurricanes player. And with his 6-foot, 3-inch frame and bulging, tattooed arms, David Coriaty looked the part. He had friends in football, including a coterie of NFL players who had trusted him enough to invest in his company, which has had several names but is now called Hawk Systems, Inc.