72-year-old Slidell woman arrested for embezzling $2.1 million

72-year-old Slidell woman arrested for embezzling $2.1 million

72-year-old Slidell woman arrested for embezzling $2.1 million

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wwltv.com

Posted on March 21, 2013 at 2:17 PM

Updated Thursday, Mar 21 at 2:23 PM

WWLTV.com
Email: webteam@wwltv.com | Twitter: @WWLTV

SLIDELL, La. – A 72-year-old Slidell woman was arrested for embezzling nearly $2.1 million from her employer, authorities said Thursday.

Janice Ricks Linam was arrested after the St. Tammany Sheriff’s Office received a complaint in December from the son of one of the two sisters she worked for as a personal assistant.

According to authorities, the son noticed some “irregularities” in his mother’s personal finances. After several months of investigation, it was found that Linam was writing checks on the accounts of her two employers for several years.

Detectives said they discovered enough evidence to obtain two warrants for bank fraud that equaled more than $450,000. Linam eventually turned herself in, confessing to authorities what exactly she did.

Upon further review of the bank accounts, accountants uncovered an extimated $2.1 million in funds used by Linam.

She was booked in the St. Tammany Parish jail on a $500,000 bond, which she posted.

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