Arcadia Woman Arrested on Complaint Alleging She Swindled Investors of Coachella Hotel Complex Out of More Than $20 Million

The feds arrested  Ruixue “Serena” Shi, 36, lleging she fraudulently solicited $21.6 million in funds for a condominium and hotel complex in the Coachella Valley, then spent a significant portion of her victims’ money on her own lavish living expenses, including luxury cars, travel, and designer clothing.She faces one count of wire fraud.      Here’s what they …

Arcadia Woman Arrested on Complaint Alleging She Swindled Investors of Coachella Hotel Complex Out of More Than $20 Million Read More »