Louisiana Man Charged with Wire Fraud Conspiracy in Insurance Fraud and Bribery Scheme Involving a Police Officer

New Orleans, Louisiana – On December 8, 2022, the United States Attorney’s Office announced that Fouad K. Zeton of New Orleans, Louisiana was indicted for conspiracy to commit wire fraud. The indictment alleges that Zeton falsely claimed to his home insurer that valuable paintings were stolen from his New Orleans home, with the aid of a police officer from the New Orleans Police Department who agreed to document the theft in exchange for a share of the proceeds.

If found guilty, Zeton faces up to five years in prison, followed by up to three years of supervised release, a fine of up to $250,000, and a mandatory $100 special assessment fee.

The United States Attorney’s Office emphasized that the indictment is merely a charge and that Zeton’s guilt must be proven beyond a reasonable doubt.

The Federal Bureau of Investigation is investigating the case, and Assistant U.S. Attorney Chandra Menon is in charge of the prosecution.