A federal grand jury has returned a five-count indictment against a Morgan City bookkeeper, charging her with numerous counts of fraud, according to United States Attorney David C. Joseph
64-year-old Karen Duhon of Morgan City was indicted Thursday on one count of conspiracy to commit wire and mail fraud, three counts of wire fraud, and one count of mail fraud.
The indictment alleges that Duhon, who was the bookkeeper at Capital Management Consultants, Inc., a family-owned company located in Morgan City, stole more than $3 million from January 1999 through March 2014.
Duhon allegedly wrote fraudulent checks to herself, which were drawn on CMCI’s bank account and deposited those checks into bank accounts owned by her and her husband. In order to conceal these fraudulent payments from the CMCI account, Duhon also allegedly made false accounting entries into CMCI’s records.
During this time, the indictment states that Duhon also assisted certain family members with their personal finances. She also allegedly used funds from a family member’s personal brokerage account at Oppenheimer and Co. to make payments on her American Express accounts. As a result of Duhon’s fraudulent activities, she embezzled $3,194,920.
If convicted, Duhon faces up to 20 years in prison, three years of supervised release, restitution, forfeiture and a $250,000 fine. The FBI investigated the case. Assistant U.S. Attorney Thomas F. Phillips is prosecuting the case.
In September 2017, Armond Duhon received 20 years in prison for his role in the theft of millions from Capital Management Consultants.
