Dr. David G. Millaud, age 52, a resident of New Orleans,
Louisiana, was sentenced today by U.S. District Court Judge Eldon E.
Fallon to three years’ probation after previously pleading guilty to
theft of government funds in connection with a disaster loan that he
received from the Small Business Administration, announced U.S. Attorney
Dana J. Boente. Millaud was further ordered to pay restitution in the
amount $56,449.91 to the Small Business Administration.
According to court documents, Millaud submitted false invoices to the Small Business Administration in order to support his request for a loan disbursement. As a result of the false invoices, Millaud received a loan disbursement totaling $56,449.91 in government funds to which he was not entitled.
The case was investigated by the U.S. Department of Housing and Urban Development, Office of the Inspector General; Small Business Administration, Office of Inspector General; and the Federal Bureau of Investigation. The case was prosecuted by Assistant U.S. Attorney Spiro G. Latsis.
According to court documents, Millaud submitted false invoices to the Small Business Administration in order to support his request for a loan disbursement. As a result of the false invoices, Millaud received a loan disbursement totaling $56,449.91 in government funds to which he was not entitled.
The case was investigated by the U.S. Department of Housing and Urban Development, Office of the Inspector General; Small Business Administration, Office of Inspector General; and the Federal Bureau of Investigation. The case was prosecuted by Assistant U.S. Attorney Spiro G. Latsis.
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