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New Orleans Man Pleads Guilty to Violations of Conspiracy to Commit Bank Fraud and the Federal Gun Control Act

Public Safety

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The following press release was published by the U.S. Secret Service on Nov. 20, 2019. It is reproduced in full below.

The Court set sentencing in this matter for March 10, 2020. For Count 1, ARMSTEAD faces a maximum term of imprisonment of thirty (30) years, a maximum $1,000,000 fine, up to five (5) years supervised release following any term of imprisonment, and a $100 special assessment fee. For Count 2, ARMSTEAD faces a maximum term of imprisonment of ten (10) years, a maximum $250,000 fine, up to three (3) years supervised release following any term of imprisonment, and a $100 special assessment fee.

U.S. Attorney Peter G. Strasser praised the work of the United States Secret Service, the Jefferson Parish Sheriffs Office, and the Saint Tammany Parish Sheriffs Office for their work in investigating this case. The case is being prosecuted by Assistant United States Attorney Duane A. Evans.

-- Eastern District of Louisiana

Source: U.S. Secret Service

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