Hawaii woman charged with $510,000 investment fraud

Federal authorities have charged a Hawaii woman with mail fraud for operating an investment company that allegedly defrauded investors of more than $510,000.

The U.S. Attorney’s Office filed the charge Wednesday against Suzette M. Anguay.

The government said Anguay operated a company called Money $en$e. Anguay promised returns of 15 percent to 30 percent, and at least 15 people invested a total of more than $800,000 from 2007 to 2010, the government said.

But instead of investing the money, the government said, Anguay used it to pay off other investors and for her personal uses such as paying her mortgage, travel expenses and living expenses such as food and utilities.

Eleven investors lost $510,178, the government said.