East Greenwich woman accused in real estate scheme due in court


EAST GREENWICH, R.I. (WPRI) — An East Greenwich woman who is accused of defrauding dozens of people in a $10 million real estate scheme is due in court for a detention hearing Friday.

According to investigators, Monique Bradly ran the alleged scheme.  They say around 23 people lost $4.5 million to her. Prosecutors say around $3 million of that was spent at casinos.

Brady raised a large amount of money from investors that were paying for projects to be performed by her real estate business, according to a criminal complaint.

The FBI said that 32 people in total had invested more than $10 million with Brady and that she defrauded them by collecting multiple investments for the same project, misinterpreted the cost of it or solicited money for projects that were never completed.

Investigators said some of those who invested in Brady were close friends and family members.

According to an affidavit, some of the investors were repaid. The FBI alleges that Brady gave those investors money that she had gotten from others.

Brady turned herself into the FBI on April 26 and spent the night at the Wyatt Detention Center. 

A judge ordered Brady held without bail after prosecutors said they believe she was trying to escape to Vietnam to avoid charges.

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