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Berrien County woman charged in Ponzi scheme investigation

LANSING (WKZO) -- A Berrien County woman is the latest to be charged in connection with a multi-county Ponzi scheme allegedly run by Joel Wilson of Saginaw.

Attorney General Bill Schuette has charged 56-year-old Mary Faher of Berrien County with securities fraud for allegedly bilking senior citizens out of millions of dollars. She has pleaded not guilty, but is cooperating with prosecutors and will testify against Wilson.

Faher is accused of stealing money from clients while working for The Diversified Group Advisory Firm LLC as a licensed investment advisor.

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