Watson faces three civil counts of securities fraud in this week’s jury trial, which is scheduled to last through Friday. “He was there to protect investor money and make them money. They told jurors that Watson was reminded to personally invest in projects from 2017 to 2019, because he had told investors he would, but Watson did not always follow through. In college, he drove a limo for Stephen Tebo, the Boulder developer, and learned commercial real estate from Tebo, who became the first investor in Northstar, according to Watson. Marcotte died in 2022 at age 66 after suffering a cardiac arrest, though Watson believes there was a secondary cause.