Walter Reed corruption trial gets underway

Walter Reed corruption trial gets underway

Walter Reed walked into federal court this morning confident about the outcome of the corruption case against him and his son.

"I feel good. I feel strong. I'm ready to go," Reed said as he quickly strolled by media.

Reed is facing a 19-count indictment including money laundering, tax evasion and wire fraud.

If convicted, he could face more than 200 years in prison and a fine of $4.5 million.

The grand jury indicted Reed after an investigation by Fox 8 in our series Louisiana Purchased and Downfall of a Dynasty.

Reed served as the District Attorney for St Tammany and Washington parishes for three decades.
Prosecutors say he used thousands of dollars in campaign money for his and his son Stephen's personal use.

Federal investigators say Reed gave nearly $95,000 to two of his son's companies over the years and Reed is also accused of profiting from legal service contracts with the St. Tammany Hospital while he was district attorney.

Reed and his son Stephen are being tried together. 
Reed's attorney requested this case moved out of New Orleans because of the attention this case has received. But Judge Eldon Fallon denied that request.

There are more than 50 jurors in the jury pool.

Earlier this morning Judge Fallon had to stop jury selection and talk to about 15 of them because those jurors they said heard or read media reports after knowing they were selected to possibly serve on the jury in the Reed trial.

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