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Justice News

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

FOR IMMEDIATE RELEASE
Monday, May 1, 2017

Tallulah woman sentenced to 8 months in prison for stealing from customer accounts

SHREVEPORT, La. Acting U.S. Attorney Alexander C. Van Hook announced today that an assistant bank manager in Tallulah was sentenced to eight months in prison for stealing more than $24,000 from customer accounts.

 

Lois Love, 49, of Tallulah, La., was sentenced by U.S. District Judge S. Maurice Hicks Jr. on one count of theft or embezzlement by a bank employee or officer. She was also sentenced to five years of supervised release and ordered to pay $24,430.82 restitution. According to the December 20, 2016 guilty plea, Love worked as the assistant branch manager for a Tallulah bank from 1994 until 2014. Love was also the treasurer of the Madison Parish Economic and Development District (MPEDD). Love used her position as assistant branch manager to steal $24,430.82 from individual bank accounts and from the MPEDD from 2011 to 2014.

 

The FBI conducted the investigation. Assistant U.S. Attorney Mike O’Mara prosecuted the case.

Topic(s): 
Financial Fraud
Updated May 1, 2017