Scott P. Richard, Access Device Fraud, Louisiana 2023

Scott P. Richard, a 47-year-old systems engineer from Raceland, has been charged with access device fraud in a shocking case of corporate theft. According to a bill of information filed by U.S. Attorney Duane A. Evans, Richard allegedly used a corporate credit card issued to him by his former employer, a Houma-based company, for his own personal benefit.

Between January 1, 2012 and September 27, 2021, Richard is alleged to have fraudulently diverted $526,569.42 from his former employer to himself. As a systems engineer, Richard’s responsibilities included the specification, purchase, installation, and support of equipment and systems used by the company’s technology infrastructure.

Richard’s alleged actions could result in severe consequences, including up to 10 years in prison, a fine of up to $250,000, or the greater of twice the gross gain or twice the gross loss. He would also be required to pay a $100 mandatory special assessment fee and serve up to three years of supervised release after imprisonment.

U.S. Attorney Evans emphasized that a bill of information is merely an accusation and that the guilt of the defendant must be proven beyond a reasonable doubt. The Federal Bureau of Investigation, New Orleans Field Office, is credited with investigating this investigation, and Assistant U.S. Attorney Matthew R. Payne is in charge of the prosecution.

Richard’s case serves as a reminder of the importance of corporate accountability and the consequences of corporate theft. The alleged actions of Richard have caused significant financial harm to his former employer, and his prosecution serves as a warning to others who may be tempted to engage in similar behavior.

The prosecution of Richard is a testament to the commitment of law enforcement agencies to holding corporate executives accountable for their actions. As the investigation and prosecution of Richard continue, it is clear that justice will be served.

Richard’s case will be closely watched by corporate executives and financial institutions, as it serves as a reminder of the importance of maintaining the highest standards of corporate integrity.

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