Systems Engineer Charged with Misappropriating Funds from Houma Company
According to the bill of information, RICHARD was a systems engineer for Company A, whose responsibilities included the specification, purchase, installation, and support of equipment and systems used by the company’s technology infrastructure. RICHARD is alleged to have used the corporate credit card issued to him by Company A for his own personal benefit. From January 1, 2012 through September 27, 2021, RICHARD fraudulently diverted $526,569.42 from Company A to himself.
If convicted, RICHARD could receive up to 10 years in prison, up to 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. He 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 defendant must be proven beyond a reasonable doubt.
U.S. Attorney Evans praised the work of the Federal Bureau of Investigation, New Orleans Field Office, in investigating this matter. Assistant U.S. Attorney Matthew R. Payne, Senior Litigation Counsel, is in charge of the prosecution.
Community Outreach Coordinator
U.S. Attorney's Office
Eastern District of Louisiana
Updated October 27, 2023