Stacey Jackson, 46, a resident of New Orleans, Louisiana, was charged in a four-count indictment with Conspiracy, Soliciting and Demanding Payment in Association with a Program Receiving Federal Funds, Theft of Federal Funds, and Obstruction of Justice.
According to court documents, Jackson, the Executive Director of New Orleans Affordable Homeownership (NOAH), conspired with Earl Myers, Trellis Smith, and others to misuse and personally benefit from federal funds that NOAH had received, in violation of the law.
The United States Department of Housing and Urban Development (HUD) had provided grant money to the City of New Orleans to address blight within the city and to remediate homes damaged by Hurricane Katrina.
Jackson, as the Executive Director of NOAH, was responsible for the day-to-day management of the agency and determined how much each sub-contractor would be paid. According to the Indictment, Jackson arranged for excessive payments to subcontractors with the expectation that those subcontractors would kickback portions of the overpayments to Jackson’s benefit.
Additionally, Jackson is charged with Obstructing Justice by submitting false and forged invoices to a Federal Grand Jury in response to Grand Jury subpoenas.
If convicted, Jackson faces a maximum term of imprisonment of five years along with a fine of $250,000, and three years of supervised release on the Conspiracy count, and ten years, a fine of $250,000.00 and three years of supervised release for the additional counts.
U.S. Attorney Dana Boente reiterated that the Indictment is merely a charge and that the guilt of the defendant must be proven beyond a reasonable doubt. The case was investigated by the Federal Bureau of Investigation, the Internal Revenue Service, and the Department of Housing and Urban Development—Office of Inspector General. The case is being prosecuted by Assistant U.S. Attorney Dan Friel and First Assistant United States Attorney Fred Harper.
Related Federal Cases
- Conspirator Maggie Kay Comeaux Sentenced for Prison Bribery Scheme · Michigan
- New Orleans Resident Pleads Guilty to Counterfeit Card Scheme · Texas
- TX Woman Pleads Guilty to Ricin Letter Scheme · New York
- Jason Christopher Devillier Sentenced in $474K Bank Fraud Scheme · Louisiana
- Silvia Maria Garcia-Coyado Sentenced for ID Theft Scheme · Texas
Key Facts
- State: Louisiana
- Category: Public Corruption|White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release ↗
🔒 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News