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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.

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