California PTA Moms Accused of Collecting $14 Million in Alleged Ponzi Scheme

Three former PTA members in California have been accused of running an alleged Ponzi scheme defrauding more than 30 people, many of whom they met at school functions, in the span of two years. Maricela Barajas, 41, Juliana Menefee, 50, and Eva Perez, 51, were former members of the Armstrong Elementary School PTA in Diamond Bar but now face 22 counts each of grand theft of personal property and securities fraud. The three mothers allegedly told victims they were investing in a contract with...Full Story
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