LOCAL MAN PLEADS GUILTY TO LOUISIANA ROAD HOME PROGRAM FRAUD
FREDERICK C. RABITO, age 64, a resident of Metairie, Louisiana, pled guilty to making false statements to the United States, announced U.S. Attorney Jim Letten.
According to the factual basis, FREDERICK C. RABITO admitted on October 24, 2006, he filed an application with Louisiana Road Home Program falsely claiming the property at 4801 Pontchartrain Drive, Slidell, Louisiana was his primary residence at the time of the storm. As a result of his false statement, he received $122,396.66 in Road Home assistance to which he was not entitled.
The defendant faces a possible maximum sentence of five (5)years in prison, a $250,000 fine, restitution, and a three (3) year term of supervised release following any term of imprisonment. RABITO will be sentenced on April 22, 2010.
The case was investigated by the Department of Housing and Urban Development, Office of Inspector General and is being prosecuted by Assistant U. S. Attorney Irene González.
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