Security News in Brief: Arcadia Woman Pleads Guilty to Fraud Scheme Involving Nearly $23 Million Intended for Coachella Hotel and Condo Development

Source: United States Department of Justice News

A San Gabriel Valley woman pleaded guilty today to a federal criminal charge for overseeing a scheme in which she misappropriated much of $23 million in funds intended for a hotel and condominium complex in the Coachella Valley, and then used the money to finance her lavish lifestyle.