AN ARMIDALE woman accused of masterminding a multi-million-dollar investment fraud will return to court later this month after a magistrate ordered her to enter pleas.
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Sandra Henri Edmonds remains bail-refused on 40 fraud charges, after her arrest in mid-2018 by Armidale detectives.
Edmonds, 57, is yet to enter a plea to any of the 40 charges of dishonestly obtaining benefit by deception but, during a mention of the case in Armidale Local Court, magistrate Michael Holmes said he wanted the case to proceed.
He's ordered Edmonds and her defence to reappear in the same court later this month to enter pleas.
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Edmonds made no application for bail and it was formally refused.
She has been behind bars since July last year, and has lodged a bid for bail in the NSW Supreme Court, which is yet to be heard.
Strike Force Amaranthus - an operation by Armidale detectives - alleges the 57-year-old pocketed more than $2.1 million from 20 different people between 2014 and 2018.
Edmonds, an Armidale conveyancer, is accused of operating an investment scam involving the sale of company shares.
Detectives allege Edmonds falsely represented an investment opportunity to victims and deceived them into handing over sums of cash, taking the money for herself.
Earlier this month, Strike Force Amaranthus detectives also charged a 40-year-old Invergowrie woman as part of their investigations.
Petrina Anne Eisenhauer is alleged to have been involved in falsifying a contract for the sale of an Armidale business, with the intent of obtaining $4.38 million.
She remains on conditional bail and will front court again in June.
Police said investigations by Strike Force Amaranthus were continuing.