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Four Orange County residents charged with multiple...

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Four Orange County residents charged with multiple felonies in an alleged $1.8-million investment scam entered not guilty pleas at their arraignment Wednesday, according to Deputy Dist. Atty. William L. Overtoom. The four, Donald C. Dyer, Louise Nancy Dyer--his wife--and two business associates, Paul Mareks and Carlos Gonzales, each are charged with 46 felonies. Donald Dyer, who was arrested June 23 on a related probation-violation charge, remained in Orange County Jail. A preliminary hearing for Dyer was scheduled for Oct. 20. Each of the others was released pending as-yet unscheduled preliminary hearings. According to Overtoom, the Dyers, Gonzales and Mareks operated an interlinking series of companies in Costa Mesa that were used to solicit investments in a variety of schemes ranging from revival of the failed Clenet luxury sports car manufacturing operation to privately owned pay telephones.

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