NEW YORK (AP) _ Another major investor came forward Friday claiming that a reputable California investment adviser lost millions of dollars through questionable trades in Treasury securities.

Triton Group Ltd., a San Diego company, said Jay Goldinger and his Capital Insight firm lost $10 million of a predecessor company's money, bringing to nearly $50 million the total client money said to be lost by Goldinger.

Pier 1 Imports, the furnishings chain, earlier this week accused Goldinger's firm of losing $20 million and another client, PairGain Technologies Inc., tied unauthorized trades to losses put at $16 million.

A woman answering the phone at the Capital Insight office in Beverly Hills., Calif., late Friday referred calls to his lawyer, Brian O'Neill of Santa Monica, who was not available for comment.

Like Pier 1 and PairGain, Triton said it believed the losses resulted from the use of borrowed money by Goldinger and Capital Insight to trade in Treasury securities. It said the $10 million was lost in 1989-90 in trades on behalf of a predecessor to Triton.

Formerly known as Intermark Inc., a diversified industrial company, Triton emerged from Chapter 11 bankruptcy in 1993.

``Our understanding is that our predecessors allocated a portion of the company's investment portfolio to this high-risk strategy and lost the bet,'' the company said in a statement.

Triton said it believed that former company managers had ended their investing relationship with Goldinger as a result of the losses.

The mounting allegations against Goldinger, once a Wall Street darling, have shocked investors who have long relied on his advice. He has written how-to books on the risks of investing, syndicates his advice in newspaper columns and is a oft-quoted source for reporters covering the $4.9 trillion Treasury bond market.

In addition to his published advice, Goldinger ran Capital Insight of tony Beverly Hills, trying to make profits for well-heeled clients by investing their money in financial markets.

The Securities and Exchange Commission and the Commodity Futures Trading Commission reportedly have started investigating Goldinger's firm. Spokesmen at the government regulators have declined to comment.

It has not been the first time Goldinger has gotten into trouble.

The SEC in 1991 charged Goldinger with giving insider trading tips to colleagues about the pending merger of Thrifty Corp. A federal court dismissed the charges, but the SEC has appealed them to an appeals court in San Francisco.

Triton president Michael M. Earley said in its statement that the company was reviewing Triton's and Intermark's trading losses with Goldinger and would determine its options if the losses resulted from ``other than a failed investment strategy.''

A message left at Triton's San Diego office late Friday was not returned.