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.