September 2, 2014
LOS ANGELES (AP) - A former Los Angeles police officer has been arrested on charges of bilking at least $3 million from several people, including fellow officers, who invested in a real estate scheme.
The Los Angeles Times reports it is the second time 41-year-old Darcey Greenfield has faced allegations that she misled investors. Last year, prosecutors in San Bernardino County brought similar charges.
Greenfield was arrested Wednesday and charged with theft and fraud by the California attorney general's office.
A preliminary hearing is scheduled for Jan. 29.
Prosecutors say Greenfield persuaded an unspecified number of people to put their life savings in investment securities. Greenfield allegedly told the victims that the money would be used to help homeowners in foreclosure and promised they would get a high rate of return. Prosecutors said the victims received nothing.
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