MikesVikes Posted July 7, 2011 Share Posted July 7, 2011 Diamond Bar, CA Patch: Three Diamond Bar PTA moms at Armstrong Elementary School allegedly duped around 40 investors in a Ponzi scheme that lost victims up to $4 million. Los Angeles County Sheriff's investigators believe that a total of $14 million was drawn in as part of the phony investment scheme and that $4 million was squandered by the PTA mothers. Two of the women were arrested at their Diamond Bar homes Tuesday after a six month fraud investigation that was linked to a third woman who was already convicted on separate fraud charges, according to Capt. Mike Parker of the Los Angeles County Sheriff's Headquarters Bureau. link Quote Link to comment Share on other sites More sharing options...
jetsfan Posted July 7, 2011 Share Posted July 7, 2011 :nothawt: Quote Link to comment Share on other sites More sharing options...
delusions of grandeur Posted July 7, 2011 Share Posted July 7, 2011 THE PTA HAS DISBANDED!! Quote Link to comment Share on other sites More sharing options...
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