Two Los Angeles County residents have pleaded not guilty to felony charges tied to an alleged scam involving an elderly man in Ventura, according to the Ventura County District Attorney’s Office.
How the Scam Unfolded
Authorities say the case began on March 18, when the victim received a text message asking him to confirm a $350 online purchase. The message urged him to call a number immediately.
When he did, the caller allegedly claimed his credit union accounts were linked to serious criminal activity involving illegal content. The victim was then directed to contact what was presented as a fraud department.
A person identifying herself as “Jade” allegedly instructed the man to withdraw $25,000 in cash and meet a supposed undercover officer in Ventura. Following the instructions, the victim handed over the money after giving a pre-arranged code phrase.
Second Attempt Leads to Arrests
After the initial incident, the victim and his spouse reported the situation to the Ventura Police Department.
While officers were interviewing the victim the next day, the suspect allegedly contacted him again — this time requesting $50,000.
Police quickly set up an operation, monitoring calls and arranging a second meeting.
Suspects Taken Into Custody
On March 19, a 40-year-old woman from Rosemead allegedly arrived at the meeting point to collect the cash using the same code phrase. She was arrested shortly after attempting to flee.
A 39-year-old man from Monterey Park, believed to be acting as a lookout, was also taken into custody.
Charges and Court Proceedings
Both suspects are facing felony charges, including conspiracy to commit grand theft and attempted grand theft. They pleaded not guilty on March 23.
They remain in custody with bail set at $500,000 each and are scheduled to appear in court on April 28.
A Growing Scam Tactic
Investigators believe the operation may be linked to a broader network of fraudsters, potentially operating outside the United States.
Authorities continue to warn the public — especially older adults — to be cautious of urgent messages, requests for large cash withdrawals, and anyone asking for money using code words or secret instructions.
