Maui Ponzi Case Delayed, Duarosan Jailed Overnight
By Wendy Osher
A Maui woman was held in federal jail overnight following a delay in sentencing on charges involving a Ponzi scheme.
Defendant Jedidah Duarosan fired her attorney from the Federal Public Defender Program when she appeared for sentencing yesterday.
US District Judge Michael Seabright ordered that a new attorney be appointed and rescheduled a new hearing for today.
Duarosan was charged with operating the scheme and allegedly collecting approximately $882,000 from six Maui families.
Duarosan was arrested at her home in Kula, Maui in November 2011.
The indictment alleged that some of the money provided by investors was kept by the defendant for her own use, without the knowledge or consent of the investors.
The statutory maximum penalty for the charged crime is 10 years in prison.