Julie Hanway Molina, 56, was charged with four counts of wire fraud, according to the indictment.
Federal agents were seen Thursday morning outside Molina's home.
According to the indictment, the allegations date back to 2023 through November 2025. Investigators said Molina used the money to pay her mortgage and credit card bills.
Prosecutors also allege that Molina used false treasurer reports to conceal the thefts.
As agents arrived outside her home Thursday morning, Molina answered a phone call from authorities and, after a few minutes, came out of the residence with her hands raised.
Molina was expected to be booked into the Santa Ana Jail and appear before a federal judge later Thursday. The case remains under investigation.