Slidell woman arrested for embezzling over $400,000 - FOX 8 WVUE New Orleans News, Weather, Sports

Slidell woman arrested for embezzling over $400,000

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Janice Ricks Linam, 72 Janice Ricks Linam, 72

Slidell, La. - A Slidell woman is behind bars for allegedly embezzling more than $400,000 from her employer, according to the St. Tammany Parish Sheriff's Office.

Police arrested 72 year-old Janice Ricks Linam who was employed for the past 28 years as a personal assistant for two sisters who resided on the south shore.  The Sheriff's Office received a complaint in December 2012 from the son of one of the sisters.  Some irregularities had been discovered by the complainant in his mother's personal finances.

Several months of investigation uncovered that Linam had been writing checks on the personal accounts of her two employers for several years.  The detectives collected enough evidence to obtain two warrants for bank fraud that at that time equaled over $450,000. 

Linam turned herself in and provided a confession to detectives outlining her fraudulent transactions.  Detectives have been in contact with forensic accountants hired by the family.  While still in the process of reviewing previous years of transactions that Linam conducted, the accountants have uncovered an estimated $2.1 million that was taken fraudulently by Linam.

 

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