HEMPSTEAD, N.Y. (AP) - A Long Island woman is accused of defrauding immigrants from El Salvador of more than $30,000 after convincing them she would act as their “banker.”
Norma Espinoza, of Glen Cove, was charged Wednesday with grand larceny and scheme to defraud. Her bail was set at $5,000 cash or bond.
Prosecutors say she operated the scam under the guise of a savings club commonly known in the El Salvadoran community as a “Cuchubal.”
Newsday (https://nwsdy.li/1Eu8ws2 ) says she allegedly got members to join by telling them they wouldn’t be able to open bank accounts because they weren’t in the country legally and didn’t have Social Security numbers.
Prosecutors say Espinoza began the scam in 2012.
Her attorney could not be reached for comment.
Information from: Newsday, https://www.newsday.com
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