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Slidell woman arrested for theft of rent payments

Smith, 48, of Pearl River, had been the acting manager of the complex from January until September 2019 and was in charge of overseeing and depositing rent payments.
Credit: NOPD

SLIDELL, La. — A Louisiana woman faces charges after she allegedly stole nearly $87,000 in rent payments from an apartment complex.

Terri Smith was arrested Thursday on a single count of theft over $25,000, the St. Tammany Parish Sheriff's Office said in a news release. Smith was released Friday after posting $15,000 bond. It was unknown whether she had an attorney who could speak on her behalf.

Smith, 48, of Pearl River, had been the acting manager of the complex from January until September 2019 and was in charge of overseeing and depositing rent payments, The Times-Picayune/The New Orleans Advocate reported.

The Sheriff’s Office began an investigation in January after the company learned through a forensic audit that $86,968 in cash was missing. After several months of investigation, the Financial Crimes Division suspected Smith was responsible and obtained a warrant for her arrest.

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