A Chico woman was arrested Sunday for fraud and grand theft. Two people reported to Chico Police being victimized after reportedly giving hundreds of dollars to a woman who posted two Chico homes for rent. According to a Chico Police press release, during the investigation officers were able to identify the suspect as Teresa Chase who is on felony probation for False Personation. Officers accompanied one of the victims when they met with Chase. She was arrested for several charges including fraud, grand theft, and violating probation.