Saturday, January 22, 2011

Louisiana Accountant Charged With Embezzling $466K From Seafood Company

Edward Snyder, 54, of Houma, Louisiana, has been charged with embezzling more than $466,000 from Fishing Jim's Seafood in Raceland, where he had been employed as an accountant for 13 years. According to authorities, Snyder, pictured here, altered and cashed numerous checks from the company and has been charged with bank fraud, felony theft and 195 counts of monetary-instrument abuse. Snyder's step son, Jared Ferriss, 19, also of Houma, has also been charged in the scheme as a co-conspirator, with bank fraud, felony theft and 67 counts of monetary-instrument abuse. The investigation continues and authorities believe Snyder may have defrauded more from the company over "many years."

Read the story here and here.

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