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Justice News

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

Friday, February 26, 2016

Former Haughton bank employee sentenced for embezzling $1.7 million

SHREVEPORT, La. – United States Attorney Stephanie A. Finley announced that a Haughton bank employee was sentenced Thursday to 42 months in prison for embezzling more than $1.7 million from the bank where he worked.

Jim Scott, 65, of Haughton, La., was sentenced by U.S. District Judge S. Maurice Hicks Jr. on one count of embezzlement. He was also sentenced to three years of supervised release and ordered to pay $1,794,156.20 restitution. According to evidence presented at the August 7, 2015 guilty plea, Scott embezzled funds from 2000 to 2014 while employed as vice president of operations at Tri-State Bank and Trust in Haughton. The defendant had moved bank-controlled funds from the bank’s general fund to his personal checking account and savings accounts located at the same bank, which caused a $1,794,156.20 loss to the bank.

The U.S. Secret Service conducted the investigation. Assistant U.S. Attorney Earl M. Campbell prosecuted the case.

Updated February 26, 2016