Posted on 09/06/2012 5:49:15 PM PDT by abb
Nearly seven years after being sentenced to 12 months in federal prison for defrauding two financial institutions of $6 million, New Orleans-area media consultant Ray Reggie -- who was one of President Bill Clinton's closest confidants in Louisiana as well as the brother-in-law of late U.S. Sen. Ted Kennedy -- is now accused of charging a client at least $600,000 for advertisements that he never placed, according to the St. Tammany Parish Sheriff's Office. Deputies booked Reggie, 50, who lives near Mandeville, with felony theft on Aug. 28, said Capt. George Bonnett, the sheriff's spokesman.
Records show Reggie posted bond, which was set at $600,000, for his release on Aug. 31.
The investigation of Reggie began after the Sheriff's Office received a complaint on Aug. 20 from Supreme Automotive Group, which owns various car dealerships in south Louisiana. The group, which has some dealerships and corporate facilities in St. Tammany, alleged that it hired Reggie in 2010 to place ads in regional media, but they never appeared, Bonnett said.
Deputies subsequently determined that Reggie created fraudulent invoices from media vendors and presented them to Supreme Automotive for payment. So far, Bonnett noted, the Sheriff's Office has identified $600,000 worth of fake invoices for which Reggie was compensated.
Detectives obtained a warrant to arrest Reggie on Aug. 23. The Sheriff's Office then contacted him by phone, but he refused to turn himself in, Bonnett said. Patrol deputies ultimately went to Reggie's home on Chapel Loop, arrested him and brought him to jail.
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(Excerpt) Read more at nola.com ...
I’m just mad there was no hologram Teddy Kennedy at the DNC.
Whats a little $6 million dollar fraud between friends?
The tape, though, was never introduced. Rosen was acquitted.
Very interesting
Speaking of the Kennedys, anyone see Caroline Kennedys speech tonight? She declared as a Catholic she supports abortion. I yelled at the TV “Well then you’re not a Catholic”.
once a crook, always a ...
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