Developer Gets 2 1/2 Years For Stealing Hurricane Funds

Law360, New York (December 18, 2013, 6:37 PM EST) -- A New Orleans developer who admitted to stealing government funds reserved for monitoring repairs of rental properties damaged by hurricanes Katrina or Rita was sentenced Wednesday to 30 months in prison by a Louisiana federal judge, according to the U.S. attorney's office.

Praveen Kailas of New Orleans pled guilty Aug.1 to theft of government funds and conspiracy charges for his role in a scheme that overbilled the government by $236,000.

District Judge Sarah S. Vance sentenced Kailas to 30 months in prison, along with three years...
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