Two former cops plead guilty to federal conspiracy charges

New Orleans, La. - Two former law enforcement officers plead guilty to federal conspiracy charges in connection with a fradulent stolen truck claim.   Former New Orleans Police Sargeant Kevin Guillot and former Jefferson Parish deputy Daniel Spears plead guilty Thursday to conspiracy to commit wire fraud.

Federal prosecutors claim after Guillot's truck broke down, he cooked up a scheme to defraud his insurance company, Progressive Insurance Company, by saying he vehicle had been stolen.  Authorities say Spears wrote the fake police report.  Both resigned their law enforcement positions.

A third man, Anthony Venezia, Guillot's newphew, also plead guilty to one count of misprision of a felony.

Guillot and Spears each face a maximum penalty of up to five years in prison and a $250,000 fine.  Venezia faces a masimum penalty of up to three years in prison and a $250,000 fine.