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PTA Moms in California Arrested and Charged with Ponzi Scheme
The article deals with PTA moms who are being charged with 22 counts of grand theft and securities fraud of $14 million. Initially they started with the daily products and they attracted people quickly. They wasted about $10 million in gambling and other such activities and an ABC news report found them.
Read the full article here:
Calif. PTA Moms Arrested for Ponzi Scheme