Former LAPD detective charged with theft and fraud
Joel Rubin (Los Angeles Times) | December 14, 2012
A former Los Angeles police detective who lost millions of dollars given to her by fellow officers and other investors was charged with theft and fraud this week by the California attorney general’s office.
It is the second time Darcey Greenfield has faced allegations that she misled investors in a real estate investment scheme. Last year, prosecutors in San Bernardino County brought similar charges.
Prosecutors in the attorney general’s white collar crime unit began investigating Greenfield, 41, several months ago, after LAPD investigators presented them with the findings of their own inquiry, according to the attorney general’s office.
“This is another unfortunate case where a perpetrator exploited the trust placed in a professional relationship to defraud an investor,” said Commissioner of Corporations Jan Lynn Owen, whose office assisted the attorney general in the investigation.
After interviewing several alleged victims and examining her bank records, investigators concluded that Greenfield had lied to investors, according to documents filed in Los Angeles County Superior Court.
Greenfield, who resigned in disgrace in 2011, allegedly told investors their money was being used to help homeowners who were facing foreclosure, court documents said. In reality, she handed the funds over to a convicted felon, who disappeared with the cash, the records say.