Bay City woman accused of scamming seniors out of millions
Tue, 24 Sep 2013 15:31:07 GMT —
A Bay City woman is facing charges in a ponzi scheme the State Attorney General's office says spans several counties.
Bill Schuette's office says 39-year-old Shawn Dicken defrauded seniors of millions of dollars while working as a saleswoman for the Diversified Group Advisory Firm.
Dicken allegedly told clients investments they were making were without risk, completely liquid and had a guaranteed return.
Dicken was arraigned in Midland on 10 counts including criminal enterprise and embezzlement from a vulnerable adult.
She's expected back in court later this week for a pre-exam conference.