CU Executive Pleads Guilty To Fraud With Marketing Tickets
A former marketing executive with Dow Louisiana Federal Credit Union has pleaded guilty to committing mail fraud in conjunction with Visa branded lottery tickets the CU was using in a marketing campaign.
Court documents were not clear as to the exact nature of the promotion, but the bill of information the government filed in the case instead of an indictment alleged Ashley Braud, between Aug. 3, 2009 and Sept. 30, 2009, ordered scratch-off tickets the CU was using as part of a promotion for her own personal use, in total ordering 30,000 tickets.
The U.S. Attorney only filed a bill of information since Braud waived her right to appear before a grand jury.
Court documents did not reveal how much money or merchandise Braud might have obtained from using the cards or what the cards cost the CU. The $247 million Plaquemine, La., credit union has not yet returned a call for comment.