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MOM AND DAUGHTER – PONZI SCHEME – 06/14/12 10:11 S.S.

A  SALINAS  MOTHER  AND  DAUGHTER,   ACCUSED  OF  RUNNING  A  PONZI  SCHEME,   HAVE  AGREED  TO  A  PLEA  DEAL.    62  YEAR-OLD  REAL  ESTATE  AGENT  CRISTINA  MADRIGAL  REYES,   AND  HER  37  YEAR-OLD  DAUGHTER  NATALIA  GUERRA  MADRIGAL, WHO  BOTH  DID  BUSINESS  AS C.N.  BROKER  SERVICES, HAVE  ADMITTED  TO  CONSPIRING  TO  CHEAT AND  DEFRAUD VICTIMS.    THE  2  WOMEN  ARE  SCHEDULED  TO  BE  SENTENCED  AUGUST  2ND,   SO  ANYONE  WHO  BELIEVES  THEY  WERE  VICTIMIZED  BY  THE  PAIR  IS  ENCOURAGED  TO  CONTACT  THE  MONTEREY  COUNTY  DISTRICT  ATTORNEY’S  OFFICE BEFORE  THAT.

THE  ALLEGED  FINANCIAL  ABUSES  TOOK  PLACE  BETWEEN  AT  LEAST  JANUARY  OF  2005 AND  SEPTEMBER  2007.

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