PRAIRIEVILLE, La (BRPROUD)- The United States Attorney Ronald C. Gathe, Jr. announces the verdict of April R. Falgoust, 46, who was sentenced to 18 months in federal prison for wire fraud. She is ordered to pay $147,925.69 in restitution to the United States Small Business Administration (SBA).

Falgoust is also ordered to forfeit an additional $143,800 in proceeds— and if release, she will serve three years of supervised release from prison.

Flagoust pleaded guilty to her crimes and admitted that she was in connection with the scheme to defraud the U.S. SBA— in which she filed numerous of false and fraudulent applications for Economic Injury Disaster Loan funds, Paycheck Protection Program funds, and other benefits intended to help people and businesses suffering from the economic effects of the pandemic between March 31, 2020 to May 8, 2020, according to court documents.

“Today’s sentencing should serve as a reminder to those who deceive and steal from
hardworking Americans that they will be held to account for their actions. The FBI and its
partners will continue to hold accountable those like Ms. April Falgoust who perpetrate fraud
schemes at the expense of the American people,” said FBI New Orleans Special Agent in
Charge Douglas A. Williams, Jr.

“We thank our partners at United States Attorney’s Office for the Middle District of Louisiana, Internal Revenue Service and the Small Business Administration Office of Inspector General for their strong partnership and unrelenting pursuitof justice,” he added.