The O.C.

Jimmy was a financial planner who managed the accounts and investments of many Newport Beach residents. He studied political science at the University of Southern California, but ended up with a career in high-profile investments. Jimmy had also taken part in these investments as well. However, after a series of bad investments he was left in a dire financial situation, and he began to siphon money out of his clients' accounts in an attempt to earn lost money back. He came under investigation by the U.S. Securities and Exchange Commission and arrested by the FBI. Ultimately, lawyer Sandy Cohen, Jimmy's next-door-neighbor and husband of Jimmy's ex-fiancée Kirsten, defended Jimmy in court and, as a result, Jimmy avoided jail time. However, he had to repay his clients because of the scheme and eventually went bankrupt. At this time, Jimmy's wife Julie, a gold-digger, also filed for divorce.
Jimmy eventually moved to an apartment flat nearby, and restarted his life. He ultimately entered into a restaurant operation with Sandy. However, he was forced to sell off his shares because of some back room dealings made by Caleb Nichol (Kirsten Cohen's father). After the sale of his shares, he became rich once again and was able to purchase a yacht befitting a Newport Beach resident