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Attempts to raise tuition at Louisiana's public colleges appear dead for the session, despite concerns about repeated rounds of cuts to schools.more>> Attempts to raise tuition at Louisiana's public colleges appear dead for the session, despite concerns about repeated rounds of cuts to schools.more>> A bid to ban smoking within 25 feet of the entrances to state-owned office buildings continued to advance Wednesday in the Louisiana Legislature.more>> A bid to ban smoking within 25 feet of the entrances to state-owned office buildings continued to advance Wednesday in the Louisiana Legislature.more>> An armed robbery suspect used a taser device to subdue a woman as she walked to her car after leaving her place of employmentmore>> An armed robbery suspect used a taser device to subdue a woman as she walked to her car after leaving her place of employmentmore>> The owners of Bourbon Street's Tropical Isle have won a trademark infringement lawsuit worth $4 million.more>> The owners of Bourbon Street's Tropical Isle have won a trademark infringement lawsuit worth $4 million.more>> The NOPD says New Orleans Criminal Court judge Frank Marullo was carjacked outside his home Tuesday nightmore>> The NOPD says New Orleans Criminal Court judge Frank Marullo was carjacked outside his home Tuesday nightmore>> Lafourche investigators say the suspect, in the country illegally, has been charged with second degree murder of his girlfriend's baby.more>> Lafourche investigators say the suspect, in the country illegally, has been charged with second degree murder of his girlfriend's baby.more>> State education officials say the number of Louisiana public school students performing at grade level nudged up from 68 percent to 69 percent in the latest round of standardized test scores.more>> State education officials say the number of Louisiana public school students performing at grade level nudged up from 68 percent to 69 percent in the latest round of standardized test scores.more>> The statue was stolen on the morning of May 1, 2013 during Jazz Fest weekend.
more>>The statue was stolen on the morning of May 1, 2013 during Jazz Fest weekend.
more>>Lafourche Parish Sheriff's Deputies are investigating a shooting that left a 41-year-old man dead.more>> Lafourche Parish Sheriff's Deputies are investigating a shooting that left a 41-year-old man dead.more>> The NOPD is searching for three suspects who robbed and beat a man on Carondelet Street Sunday morningmore>> The NOPD is searching for three suspects who robbed and beat a man on Carondelet Street Sunday morningmore>>
NEW ORLEANS (AP) - The owner of a Covington development and construction company has been charged with fraudulently obtaining a multimillion-dollar bank loan.
Raymond Grow II, owner and operator of Masters Built Construction LLC, was charged Wednesday in federal court with one count of making a false statement to a bank.
A court filing says Grow's company obtained a $3.4 million loan from First American Bank to pay for building a subdivision on a 22-acre parcel of property in Ponchatoula.
Grow allegedly provided the bank with a bogus letter from the Army Corps of Engineers that claimed only a small percentage of wetlands existed on the land he wanted to develop.
Grow is scheduled to be arraigned on Jan. 31.
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