District Attorney Warren Montgomery and St. Tammany Parish Sheriff Randy Smith announced the indictment and arrest of two former Franco’s Athletic Club employees today on charges of racketeering, theft, identity theft, and money laundering in a scheme that bilked the Mandeville company of more than $1.7 million.
Emily L. Davis (42) of Ponchatoula, the club’s former finance
director, and Jennifer E. Thompson (45) of Mandeville, the human resources
director are accused of taking more than $1.4 million in cash for their personal
uses, erasing more than $165,000 in charges through the use of fictitious bank
accounts, erasing more than $19,000 in personal loans from their employer’s 401K
retirement fund, and laundering the proceeds by making cash deposits, totaling
$300,000 in various personal bank accounts
The charges are based on an
investigation by the joint Financial Crimes Task Force, headed by Sgt. Stefan
Montgomery, Det. Jason Mire, and Assistant District Attorney Butch Ward.
women are in the custody of the St. Tammany Parish Sheriff’s Office.