LI woman accused in $9M Ponzi scheme
? Officials say an Oceanside woman is accused of running a $9 million Ponzi scheme that defrauded dozens of people.
Investigators say 35-year-old Laurie Schneider scammed people into investing in the sale of industrial equipment made in China.
The U.S. Attorney?s Office says she promised at least 25 investors that they could make a profit of up to 70 percent, but never actually invested the money.
Federal prosecutors say the scam ran from Sept. 2006 to Feb. 2009.
Schneider was released on bond yesterday. She turned herself in to authorities once she found out she was being investigated.