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Diamond Bar News

UPDATE: Ponzi Scheme Moms Promised 100% Return, Made Millions

AP | By CHRISTINA HOAG | Posted 09.06.2011 | Los Angeles

LOS ANGELES -- Three former PTA mothers used their connection with a suburban elementary school to recruit investors in a phony $14 million get-rich-q...

PTA Moms Arrested For Ponzi Scheme And Grand Theft

Diamond Bar, CA Patch | Posted 09.05.2011 | Los Angeles

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. ...