Bay City woman accused of scamming seniors out of millions

Shawn Dicken was arraigned on 10 charges for allegedly defrauding seniors out of millions of dollars.

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.