Rajat Gupta, a former board member of Goldman Sachs and Proctor & Gamble, had a securities fraud indictment unsealed against on Wednesday. The indictment reportedly accuses Gupta of defrauding the securities market through insider trading, along with Ram Rajaratnam , a hedge fund founder who has already been convicted of conspiracy and securities fraud.
Restaurant owner gets 53 months for tax fraud scheme
A Baton Rouge man was recently sentenced to over four years in federal prison for failing to pay $726,476 in sales taxes to the State of Louisiana and the federal government. Sources said that the 51-year-old restaurateur has admitted to sending most of the money to Syria.
Prosecutors withdraw request for death penalty in murder case
East Baton Rouge prosecutors in the case against a 23-year-old man charged with four counts of first-degree murder will reportedly not be seeking the death penalty any longer, according to the Advocate. The decision was reportedly made on Wednesday.
New Iberia man sentenced for involvement in Medicare fraud scheme
A New Iberia man recently sentenced to 42 months in federal prison for his involvement in a $1.1 million Medicare fraud scheme reportedly worked with a former Baton Rouge attorney, among others, in the illegal activity. The 45-year-old New Iberia man apparently received over $200,000 for his involvement in the fraud scheme,
Escaped Louisiana inmates plead not guilty in abduction, murder case
On Wednesday, two inmates in a Louisiana prison-36 and 34 years old-pleaded not guilty to the kidnapping and murder of an Ohio man in Mississippi after escaping from prison on a work assignment.
Chalmette man pleads guilty to fraud on hurricane fund
A Chalmette man guilty of fraud will be spending up to 10 years in prison for fraudulently obtaining over $120,000 worth of financial assistance from the Louisiana Road Home program, a fund set aside for assistance victims of Hurricane Katrina.
"Facebook stalker" receives multiple charges; more pending
A 25-year-old Louisiana man who has come to be known as the "Facebook stalker" was arrested last week on charges of stalking and harassing women, among other offenses. The man is currently being held at Hammond jail on $900,000 bond for two counts of extortion for sex, one count of forcible rape, and one count of cyber-stalking.
Officers shoot DWI suspect following police chase
Police officers do not often open fire in the line of duty. When they do, people pay attention. A 48-year-old West Baton Rouge man died last month following a police chase which ended in a confrontation with firearms. The police involved in the incident were recently vindicated by a West Baton Rouge grand jury, who said the officers had acted properly when they shot and killed the man.
Two teenage boys from East Baton Rouge charged
The East Baton Rouge Parish Sheriff's Office announced on Tuesday that a 13-year-old boy from Capital Middle School has been booked with two counts of attempted murder after he reportedly fired a gun at a vehicle leaving what is thought to have been a drug deal at a local grocery store. The shots, fired outside Albertson's Grocery on the evening of August 20, did not hurt anybody.
