The Region - News from Jan. 1, 1985

A Northridge grandmother, who is awaiting sentencing for conspiring with her husband to swindle friends, two banks and President Reagan, has pleaded guilty to a new felony charge. Ann Yarbrough, 76, admitted writing a $7,200 check that bounced in repayment of a series of loans from a neighbor, a court official said. Superior Court Judge Everett E. Ricks Jr. said he will order her to undergo a 90-day psychiatric evaluation. The test will help him determine whether Yarbrough should be placed on probation or sentenced to prison for up to five years. Yarbrough, scheduled to surrender Jan. 15, posed as a multimillionaire in 1981 to open escrow on Reagan’s Pacific Palisades house. The house was taken off the market for more than a month before it became apparent that Yarbrough had no money to close the deal.