Former LAUSD staffer pleads not guilty in multi-million dollar money laundering case

An alleged fraudster within the Los Angeles Unified School District appeared in a downtown court on Friday charged with taking part in a huge money laundering scam. Disgraced Hong "Grace" Peng, 53, — who worked as a technical project manager for LAUSD — pled not guilty to facilitating an alleged eye-popping $22 million kickback scheme.