Stacey Jackson, Conspiracy, Louisiana 2014
Former NOAH Exec Pleads Guilty to Conspiracy
BREAKING: Stacey Jackson, 47, a resident of New Orleans, Louisiana, pleaded guilty to conspiracy to steal federal funds and demand kickbacks from a program receiving federal funds.
According to court documents, Jackson, the former Executive Director of the 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.
The United States Department of Housing and Urban Development (HUD) 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 contractor would be paid. She arranged to overpay certain contractors, such as Myers and Smith, instructing them to kickback portions of the overpayments to her benefit.
Court documents state that on numerous occasions, Jackson instructed Myers and Smith to pay her kickbacks out of the NOAH money she paid them for work that could not be substantiated by invoices or work actually performed.
Jackson is scheduled to be sentenced on October 16, 2014, and faces a maximum term of imprisonment of five years, a fine of up to $250,000, and three years of supervised release.
Key Facts
- State: Louisiana
- Category: Public Corruption
- Source: DOJ Press Release â†â€â€
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