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Press Release

Accountant Charged with Misappropriating Funds from New Orleans Band

For Immediate Release
U.S. Attorney's Office, Eastern District of Louisiana

NEW ORLEANS – U.S. Attorney Duane A. Evans announced the filing, on November 10, 2022,  of a one-count bill of information charging ALICE C. “SHANNON” CHABAUD, age 79, of New Orleans, with access device fraud in relation to her theft from her former accounting client, a New Orleans-based band named as “Band A” in the bill of information.

According to charging documents, CHABAUD is alleged to have illegally accessed Band A’s bank accounts after she was terminated as the band’s accountant in 2015. From the time of her firing in September 2015 until May 2020, she misappropriated $207,607.95 from Band A without band members’ knowledge or permission.

If convicted, CHABAUD could receive up to 10 years in prison, a $250,000.00 fine or the greater of twice the gross gain or twice the gross loss, and up to three years of supervised release after imprisonment. She would also pay a $100 mandatory special assessment fee.

U.S. Attorney Evans reiterated that a bill of information is merely an accusation and that the guilt of the defendants must be proven beyond a reasonable doubt.

U.S. Attorney Evans praised the work of the FBI New Orleans Field Office in investigating this matter. Assistant U.S. Attorney Matthew R. Payne is in charge of the prosecution.


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Updated November 15, 2022

Financial Fraud