Story perspectives

FBI Adds Mary Carole McDonnell to Fraud Most Wanted List

By Drooid · Oct 15, 2026, 10:51 PM UTC · How we work

Summary

Story summary

The FBI added 75-year-old Mary Carole McDonnell to its Most Wanted Fraudsters list.
She is accused of a $30 million fraud scheme in Los Angeles and Orange counties.
The scheme yielded $14.7 million from Banc of California and over $15 million from other banks.
McDonnell claimed an $80 million secret trust as an heir to the McDonnell aircraft family.
The FBI offers up to $150,000 for information leading to her arrest and conviction.

History

Historical Context

In 2001 Enron’s collapse created the largest U.S. bankruptcy then, spurring a $40 billion shareholder lawsuit and the 2002 Sarbanes-Oxley reforms. The fallout included former CEO Jeffrey Skilling’s $45 million fine and a DOJ conviction, and the FBI’s recent addition of 75-year-old Mary Carole McDonnell to its Most Wanted Fraudsters list highlights the enduring threat of elaborate financial schemes.

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Story summary

The FBI added 75-year-old Mary Carole McDonnell to its Most Wanted Fraudsters list.
She is accused of a $30 million fraud scheme in Los Angeles and Orange counties.
The scheme yielded $14.7 million from Banc of California and over $15 million from other banks.
McDonnell claimed an $80 million secret trust as an heir to the McDonnell aircraft family.
The FBI offers up to $150,000 for information leading to her arrest and conviction.

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