DENVER (KDVR) — The U.S. Lawyer’s Workplace for the District of Colorado introduced Wednesday that two girls have been indicted by a federal grand jury in a multi-million greenback fraud scheme.
Chrisheena Shante McGee, 47, also referred to as Christina Marius; and Sandra Pierce Bacon, 71, have been indicted on 12 counts of wire fraud and aiding and abetting wire fraud, in keeping with a launch.
The fraud came about in Colorado and elsewhere from Might 2019 to March 2021, in keeping with the indictment. Throughout that point, McGee, Bacon and others have been a part of a “scheme to defraud and to acquire cash and property from victims,” the discharge learn.
McGee falsely represented that she had entry to giant quantities of cash to fund loans of as much as $150 million to others. She allegedly represented that she would get the mortgage cash if victims would pay a price prematurely, which was usually 10% of the entire mortgage quantity.
These charges have been paid to an account managed by Bacon. McGee and Bacon would inform victims that they might maintain these charges to safe the loans till the loans have been funded, in keeping with the discharge.
No less than 10 victims agreed to pay roughly $14,801,002.75 prematurely charges alone.
Then, McGee and Bacon would use these funds for different functions like buying property and repaying earlier victims. The discharge described the scene as a “Ponzi-like trend.”
The FBI is investigating the case, which is being prosecuted by Assistant U.S. Lawyer Craig Fanslwer.
