PTA Moms Ponzi – Apparently ponzi schemes have not run their course thanks to some moms, who were members of the PTA. You would have thought cases like the Madoff would have deterred people from dealing with anyone even almost resembling a ponzi scheme, but I guess they don’t just come out and say they are a scheme, huh?
There were three moms involved in this racket and it doesn’t seem like the people who have been taken advantage are going to even almost get their money back. It is such a sad, sad state of affairs to see people have been taken for their life savings.
PTA Moms Ponzi
The three women involved and at the center of the ponzi scheme are Maricela Barajas, age 41, Juliana Celeste Menefee, age 50, and Eva Perez, age 51. They used their cover as PTA moms and valuable members of the community to lure people into investing with them while they were pocketing the money the entire time.
According to the spokeswoman from the Los Angeles County district attorney’s office, the women talked over 40 people into investing with them and taking them all for over $1 million dollars total.
If they are convicted on all counts they are facing, then they could get up to 13 years in state prision, which I thought would have been different. I thought they would have received time in federal prison, which is much more strict on the time, but a better place to be locked up….so they say.
Let this be a valuable lesson to you investors out there in this market place. There are many unscroupulous people in this world just waiting for an opportunity to make a quick dollar off your efforts and in your wallets. Don’t be fooled by wolves in sheep clothing, or in this case people involved with the PTA, when it comes to your investment opportunities.
You must be sure you are able to do your due dilligence on each investment opportunity, run a check with the better business bureau when it comes to taking on partners, and most importantly follow your gut. If things seem like they might be too good to be true, then more than likely they are.
You cannot afford to mess around with your retirement accounts because you think this might be a good get rich quick scheme. Research has shown time and time again, the best way for you to elevate your earnings and retirement savings is slowly. Take your time, make solid choices, and don’t rush.
Retirement is not a race, but a marathon. Run it slowly and make sure your investments are protected. Best of luck to you all! - PTA Moms Ponzi
thanks great post.