PTA Ponzi moms plead not guilty

The three California women accused of bilking investors out of $4 million dollars have pleaded not guilty to the charges.  (See original post.)

According to Diamond Bar Patch:

Maricela Barajas, 41, also known as Maricela Torres, Julianna Menefee, 50, and Eva Perez, 51, together face 22 felony counts of theft and securities fraud.

Perez is already serving an 11-year sentence on similar charges from a San Bernardino County scheme. Her attorney told Commissioner Wade Olson, the presiding judge, that her case would be resolved separately from Barajas and Menefee.

Prosecutors allege the three bilked their victims out of up to $4 million. Both Menefee and Perez were part of the Armstrong Elementary School PTA; according to the Pomona Unified School District, there is no record of Barajas being involved with the school’s PTA. Prosecutors say that the women used their positions as PTA members to push fraudulent investments at school functions.

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