PRAIRIEVILLE WOMAN PLEADS GUILTY TO MAKING, UTTERING AND POSSESSING FORGED SECURITIES
FAYE GERMANY LAURENT, age 71 of Prairieville, Louisiana, pled guilty today before U. S. District Judge James J. Brady in the Western District Louisiana to Making, Uttering and Possessing Forged Securities, announced U. S. Attorney Jim Letten. The U. S. Attorney's Office for the Middle District of Louisiana is recused from the investigation and prosecution of this case.
According to court documents, LAURENT admitted that she formerly was employed by Deville Construction Company of Baton Rouge, Louisiana as the company's bookeeper and that she obtained money and property of her employer totalling in excess of $1.5 million over a six-year period to which she was not entitled. She acknowledged that she changed the payee and/or increased the dollar amount of certain checks drawn on the account of Deville Construction and then deposited those checks into accounts in the name of herself and a family member. She also admitted that without the knowledge of the owners of Deville Construction, she used company checks to pay suppliers of materials and labor for the personal residence she was having constructed in Prairieville.
LAURENT faces a possible maximum sentence of ten (10) years imprisonment, a $250,000 fine, and up to three (3) years supervised release following any term of imprisonment imposed. LAURENT could also face a fine of up to twice the gross gain or loss resulting from the offense and be required to pay restitution to the victim of her crime, as well as forfeit any proceeds of the criminal violation.
The case was investigated by the Federal Bureau of Investigation and was prosecuted by Assistant United States Attorneys James Mann and Eileen Gleason.
If you believe you have been a victim of fraud from a person or an organization soliciting relief funds on behalf of storm victims or have knowledge of waste, abuse, or allegations of mismanagement involving disaster relief operations, contact the National Center for Disaster Fraud toll free at: (866) 720-5721. You can also fax information to: (225) 334-4707 or e-mail it to: email@example.com