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Wife of Accused Gold Dealer Arrested for Fraud

First, the owner of Grass Valley Gold and Silver was arrested and charged with counterfeit merchandise. Now, his wife is in jail on six felony counts related to welfare fraud…

Listen to Cliff Newell 1

Daly-SharaDistrict Attorney Cliff Newell says 44 year-old Shara Daly was receiving government assistance while she also had a job working in her husbands gold and silver store on Mill Street in Grass Valley. Daly was booked into the Wayne Brown Correctional Facility over the weekend. Newell says they learned about Daly while investigating her husband, Greg Arnoldi…

Listen to Cliff Newell 2

Arnoldi was arrested in February after being accused of selling counterfeit gold and silver to unsuspecting customers. Newell says Arnoldi was aware of his wife’s criminal activities…

Listen to Cliff Newell 3

Newell says several of Arnoldi’s victims have come forward, and that case is proceeding. Arnoldi is being held in lieu of a million dollars bail. Each count against Daly has a bail amount of 245-thousand dollars.

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