New Orleans Man Pleads Guilty to Violations of Conspiracy to Commit Bank Fraud and the Federal Gun Control Act

NEW ORLEANS – U.S. Attorney Peter G. Strasser announced that JUAN ARMSTEAD (“ARMSTEAD”), age 32, a resident of New Orleans, Louisiana, pled guilty on November 19, 2019 to a two-count Superseding Bill of Information for conspiracy to commit bank fraud and violation of the federal gun control act, in violation of Title 18, United States Code, Sections 1344, 1349, and 922(g)(1).

The Court set sentencing in this matter for March 10, 2020.  For Count 1, ARMSTEAD faces a maximum term of imprisonment of thirty (30) years, a maximum $1,000,000 fine, up to five (5) years supervised release following any term of imprisonment, and a $100 special assessment fee.  For Count 2, ARMSTEAD faces a maximum term of imprisonment of ten (10) years, a maximum $250,000 fine, up to three (3) years supervised release following any term of imprisonment, and a $100 special assessment fee.

U.S. Attorney Peter G. Strasser praised the work of the United States Secret Service, the Jefferson Parish Sheriff’s Office, and the Saint Tammany Parish Sheriff’s Office for their work in investigating this case.  The case is being prosecuted by Assistant United States Attorney Duane A. Evans.