NEW ORLEANS, LA – In a shocking case of government corruption, James Conrad Jr., a 49-year-old resident of New Orleans, has admitted to stealing nearly a quarter-million dollars from two federal agencies.
According to U.S. Attorney Kenneth A. Polite, Conrad pled guilty to theft of government funds on an unspecified date. The investigation revealed that Conrad jointly held a bank account with an individual who received Social Security Administration and Office of Personnel Management benefits.
Entitlement to benefits terminated when the individual died in 1998, but the agencies, unaware of the death, continued wiring payments to the bank account until 2013. Conrad knew that the payments did not belong to him, yet he spent them on himself instead of notifying the agencies of the improper payments.
The total amount stolen by Conrad adds up to $247,800, a staggering figure that highlights the severity of the crime. Conrad faces up to 10 years’ incarceration and a fine of up to twice the theft amount.
U.S. District Judge Nannette Jolivette Brown has scheduled sentencing for April 10, 2015.
U.S. Attorney Polite praised the work of the Social Security Administration-Office of Inspector General and the Office of Personnel Management-Office of Inspector General in investigating this matter. Assistant U.S. Attorney Chandra Menon is in charge of this prosecution.
The case serves as a reminder of the importance of accountability and transparency in government agencies. Conrad’s actions have caused significant financial loss to the federal government, and his sentence will serve as a deterrent to others who may consider similar crimes.
As the investigation continues, it is clear that Conrad’s actions were not just a simple mistake, but a deliberate attempt to defraud the government. The consequences of his actions will be severe, and it is only fitting that he is held accountable for his crimes.
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Key Facts
- State: Louisiana
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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