Chevy Chase Woman Accused of Running Ponzi Scheme Through Luxury Sportswear Website – Bethesda Beat

Former radio show host might have tried to cast spells on attorneys investigating her

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DJBennett, a company which sells luxury sports apparel, was allegedly used by its owner to rake in millions from investors for personal or non-corporate use.

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A Chevy Chase woman is accused of defrauding people out of millions of dollars through a luxury sportswear website, a scheme that authorities said ended Friday when the FBI arrested her in New Mexico.


A chronology of the case includes allegations of extravagant spending by Dawn J. Bennett and her attempts to cast spells on authorities who were pursuing her.


Bennett, a 55-year-old former financial radio show host, faces prosecution from both the U.S. Department of Justice and the U.S. Securities and Exchange Commission in what was described as a Ponzi scheme.


Over the course of two and a half years, Bennett allegedly took in more than $20 million from dozens of investors for her company DJBennett, which sells luxury apparel online for biking, tennis, scuba diving and other activities.


Instead of putting the investments toward the business, Bennett reportedly used much of the investments to pay back earlier investors and make purchases to support an extravagant lifestyle, according to charging documents.


Her alleged purchases included jewelry, clothing, payments on a mortgage on a Chevy Chase penthouse condo and a $500,000 annual 20-year lease for a suite at A&T Stadium, home of the Dallas Cowboys. She also spent money on mystics and $29,715 on astrological gems, documents claim.


Bennett could not immediately reached for comment by phone or email Tuesday evening.


Bennett formerly hosted the radio show “Financial Myth Busting with Dawn…

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