Posted on 10/02/2026 10:26:47 AM PDT by Libloather
Call her Money Steal.
A Detroit businesswoman, once honored by President Joe Biden, allegedly posed as a US ambassador and a banker to con several victims out of over $1 million to fund her lavish lifestyle.
Shannon Monet Steel claimed to be the Ambassador to the First Lady of the Central African Republic, a hotel owner and a banker with $350 million in assets to fool her victims in her years-long scheme, federal prosecutors accused, according to the Detroit News on Wednesday.
Steel, 42, was arrested and slapped with fraud charges after allegedly targeting at least eight victims between 2022 and 2026, according to court documents obtained by the outlet.
The Detroit “mogul” curated her online life as a high-rolling, prominent leader, showing off multiple awards and recognitions, her interactions with high-profile politicians and international trips.
Steel is accused of swindling her first victim, a California investor, when she forged a false “Bank confirmation letter” from Deutsche Bank and claimed her own bank, Steel Private Bank, held over 300,000,000 euros.
The falsified letter convinced the victim to wire $200,000 to an escrow account in exchange for a Standby Letter of Credit, the charging documents alleged.
Bank officials later determined the “bank confirmation letter” was a fake.
Officials also discovered Steel Private Bank was registered in the US and wasn’t FDIC insured.
(Excerpt) Read more at nypost.com ...
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Every single time.
Them. Avoid THEM.
Your life could depend upon it.
Spoiler alert!
……..too late
No surprise again.
Too bad the FBI is too lazy to track all these connections back to a previous president who came from nowhere.
Show Monet da mo-nay……
Moving on up …
Finally got a piece of the pie. 🎶
Sho’ nuff.
Sho’ nuff.
Klobuchar’s close assistant and advisor recently linked to the MN fraud, also.
This is the left.

President Joe Biden honored Shannon Steel in 2024 because she presented herself as a high-achieving businesswoman and community figure, receiving the President's Lifetime Achievement Award through the President's Volunteer Service Awards program. In 2024, Shannon Monet Steel was presented with the Lifetime Presidential Achievement Award, featuring certificates and photos alongside Joe Biden and Kamala Harris.

President Joe Biden honored Shannon Steel in 2024 because she presented herself as a high-achieving businesswoman and community figure, receiving the President's Lifetime Achievement Award through the President's Volunteer Service Awards program. In 2024, Shannon Monet Steel was presented with the Lifetime Presidential Achievement Award, featuring certificates and photos alongside Joe Biden and Kamala Harris.
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