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Justice News

Department of Justice
U.S. Attorney’s Office
Eastern District of Louisiana

FOR IMMEDIATE RELEASE
Tuesday, June 14, 2016

Denham Springs Woman Sentenced to 30 Months in Prison for Embezzlement of Over $600,000

U.S. Attorney Kenneth A. Polite announced that KRISTIN KOENIG, a/k/a KRISTIN BARNES, age 41, of Denham Springs, was sentenced following a guilty plea to a one count Bill of Information for bank fraud.

U.S. District Judge Jay C. Zainey sentenced KOENIG to 30 months incarceration.  In addition to incarceration, KOENIG was sentenced to five years of supervised release, ordered to pay restitution in the amount of $623,3748.42, and assessed a $100 mandatory special assessment.

According to court records, KOENIG was hired to do accounting work for a Jefferson Parish business. From September of 2011 through July of 2014, KOENIG embezzled $601,822.90 from her client by forging her name on company checks and manipulating internal computer/accounting records. KOENIG also embezzled $21,925.53 from another client and placed the funds into her own account.

U.S. Attorney Polite praised the work of the Federal Bureau of Investigation, along with assistance from the Internal Revenue Service and the Jefferson Parish Sheriff’s Office in investigating this matter.  Assistant United States Attorney Edward J. Rivera was in charge of the prosecution.

 

Topic: 
Financial Fraud
Updated June 14, 2016