HEMET, Calif. – A Southern California woman has been arrested for allegedly scamming victims out of nearly $200,000 through a fraudulent investment scheme involving a fake avocado business.
Suspect Identified and Arrested
The suspect, identified as Consuelo Carrasco-Ramirez, 53, of Hemet, was arrested on August 20 following an investigation by the Riverside County Sheriff’s Office. Authorities say she operated a Ponzi scheme, deceiving multiple victims into investing large sums of money.
Carrasco-Ramirez is now facing charges of theft by false pretenses, grand theft, and passing counterfeit checks. She was booked into the Cois Byrd Detention Center, with bail set at $193,000 as per KTLA.
Scheme Targeted Hispanic Victims
The investigation began in April, when deputies in Perris were contacted by a victim who had reportedly been defrauded. As detectives dug deeper, they found that at least seven victims were allegedly lured into investing in what Carrasco-Ramirez described as a wholesale avocado business.
Victims were primarily members of the Hispanic community, with investigators noting that Carrasco-Ramirez threatened some with deportation to coerce compliance.
Altogether, victims handed over approximately $195,000, believing they were contributing to a legitimate business venture.
Money Used for Personal Gain
Instead of investing the money as promised, Carrasco-Ramirez allegedly used the funds for personal benefit, according to law enforcement. No legitimate business operations were discovered, and victims saw no returns on their investments.
Authorities believe the suspect intentionally targeted a vulnerable demographic, exploiting fears related to immigration status and trust within the community.
Efforts to Stop Financial Exploitation
Financial crimes such as Ponzi schemes continue to pose serious risks, especially in close-knit communities where trust is high. Law enforcement officials urge individuals to thoroughly vet investment opportunities and report suspicious financial behavior.
Public awareness campaigns and multilingual outreach efforts are key in preventing these crimes. Victims are encouraged to come forward, regardless of immigration status, as law enforcement agencies are committed to ensuring protection and justice for all residents.
What to Watch For in Investment Scams
To avoid falling victim to similar scams:
- Be wary of “too good to be true” investment offers.
- Avoid cash-only investments or informal arrangements with no paperwork.
- Don’t be pressured by threats, especially those related to immigration or legal consequences.
- Verify business legitimacy through official records or professional advisors.
Speak Up, Stay Protected
If you or someone you know may have been targeted by Consuelo Carrasco-Ramirez, authorities urge you to contact Investigator Lance Colmer at 951-776-1099 or the Perris Sheriff’s Station at 951-210-1000.
You can also share your thoughts or stories in the comments below to raise awareness in your community.
