Press Releases
LAPLACE RESIDENT CHARGED WITH BANK FRAUD FOR HIS ROLE IN STEALING VETERAN’S DISABILITY BENEFITS
October 9, 2009
FOR IMMEDIATE RELEASE
TIMOTHY WEBB, age 28, a resident of LaPlace, Louisiana, was charged in a one-count Bill of Information for bank fraud, announced U.S. Attorney Jim Letten.
According to the Bill of Information, the Department of Veterans Affairs (“VA”) sent a check for disability benefits in the amount of $13,154.00 to a LaPlace, Louisiana veteran in July 2008. Unbeknownst to the VA, the veteran had moved to a new address and sold the property to another individual. The veteran never received the check. The Bill of Information charges WEBB with taking the check and masterminding a scheme to forge the veteran’s signature, deposit the check into a bank account. and then withdraw the full amount and keep the proceeds. The Bill of Information further alleges that, as a result of WEBB’s scheme, the bank in question was placed at risk of civil liability or financial loss.
If convicted, WEBB faces a maximum of thirty (30) years imprisonment, a $250,000 fine, five years supervised release following any term of imprisonment and a $100 special assessment.
U. S. Attorney Letten reiterated that the bill of information is merely a charge and that the guilt of the defendant must be proven beyond a reasonable doubt.
The case was investigated by the United States Department of Homeland Security - Secret Service and the United States Attorney’s Office for the Eastern District of Louisiana. The case is being prosecuted by Assistant U. S. Attorney Jordan Ginsberg.
(Download Bill of Information 
)
