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The Federal Bureau of Investigation (FBI) has announced a reward of up to $150,000 for information leading to the arrest and conviction of Mary Carole McDonnell, a fugitive accused of orchestrating a massive bank fraud scheme. McDonnell, who is currently at large, faces federal charges of bank fraud and aggravated identity theft. An arrest warrant for these offenses was issued on December 12, 2018, by the U.S. District Court in Santa Ana, California. According to federal authorities, McDonnell allegedly executed a plan between July 2017 and May 2018 to defraud Banc of California, illicitly obtaining approximately $14.7 million in funds and property. Investigators state that she knowingly had no legal right to these assets and has failed to repay them. Beyond the initial bank, McDonnell is suspected of employing similar deceptive tactics against other financial institutions, with estimated additional losses exceeding $15 million. This brings the total alleged fraud to more than $29 million. To facilitate these crimes, McDonnell reportedly misrepresented herself as an heir to the McDonnell Aircraft fortune, claiming entitlement to an $80 million secret trust fund. While the scheme originated in Southern California, with known ties to Los Angeles and Montgomery, Alabama, investigators believe McDonnell has fled the United States and is currently residing in Dubai, United Arab Emirates. The FBI is urging the public to come forward with any information regarding her whereabouts. Tips can be submitted by calling the FBI’s toll-free tip line at 1-800-CALL-FBI (1-800-225-5324), contacting the nearest FBI office, reaching out to the closest American Embassy or Consulate, or submitting information online at tips.fbi.gov. Authorities emphasize that any information leading to her capture could result in the forfeiture of the offered reward.
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