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NEW ORLEANS MAN PLEADS GUILTY TO CONSPIRACY TO COMMIT MAIL FRAUD

November 20, 2008

FOR IMMEDIATE RELEASE

RANDOLPH POLK, JR., age 52 and a resident of New Orleans, Louisiana, pled guilty to one count in federal court today before U. S. District Judge Lance M. Africk to conspiracy to commit mail fraud, announced U. S. Attorney Jim Letten.

POLK had been previously indicted by the Grand Jury on October 4, 2007. According to the court documents, beginning in 1995, POLK conspired with others to defraud an insurer by falsifying POLK’s 1992, 1993 and 1994 U. S. Income Tax returns in connection with a civil lawsuit for personal injuries filed in Orleans Parish. In October, 2002, the U. S. Mails were used to complete the scheme and as a result, POLK received a substantial award for lost wages and loss of future earnings against the insurer.

POLK faces a maximum term of imprisonment of five (5) years imprisonment, a fine of $250,000, and three (3) years of supervised release. He is scheduled to be sentenced on February 19, 2009.

The case was investigated by the Federal Bureau of Investigation and is being prosecuted by Assistant U. S. Attorneys Carter K. D. Guice, Jr. and Edward J. Rivera.

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