Monday, April 27, 2009
Louisiana Bank Employee Sentenced To 1 Year For Embezzlement
Shannon Freyou, 37, of New Iberia, Louisiana, was sentenced last week to one year in prison with four years suspended, for embezzling more than $100,000 from the IberiaBank where she had been employed. Freyou pleaded guilty to the charges after having been implicated by a co-conspirator, Brandi Peltier , 29, of Lafayette, Louisiana, who pleaded guilty to embezzling some $460,000 from the bank. Peltier is due to be sentenced in June. Freyou has repaid the bank some $73,000, but must make full restitution, according to her sentence. According to investigators, Freyou and Peltier created fraudulent accounts and withdrew funds based upon increased credit limits.