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CLARKSVILLE — Federal prosecutors in North Carolina say an Arkansas woman and her stepson have reached an unspecified plea agreement on charges they helped operate an Internet Ponzi scheme with a North Carolina man.

The Times Record reports that 45-year-old Dawn Wright-Olivares and 31-year-old Daniel Olivares — both of Clarksville — are due in federal court in Charlotte, N.C., on Feb. 5 for a plea hearing.

The federal Securities and Exchange Commission alleges that the scheme took more than $850 million from more than 1 million investors worldwide during 2011 and 2012. A filing by the SEC in the case says Wright-Olivares and Olivares have agreed to pay more than $11 million to settle its claims.

Attorneys in Charlotte, N.C., representing Wright-Olivares and Olivares could not be reached for comment.

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