The Hilton Sandestin confirmed that neither RAA nor IIABL held a convention at the Hilton on those dates in May 2006.
Yesterday it all caught up with him. Terry Lisotta, the former CEO of Citizens Insurance, created by the Legislature in 2003 as a nonprofit corporation to provide property insurance for those who can’t otherwise get it, pled guilty to one count of felony theft by fraud over $500 and will be sentenced April 23 to 30 months at hard labor by Judge Richard Anderson of the 19th JDC in Baton Rouge. Lisotta was apologetic Monday when he admitted he fraudulently spent about $30,000 of Citizens’ money on quail hunts, LSU and Zephyrs tickets, hotel rooms during Mardi Gras, plane tickets for his wife and daughter and spa treatments.
Lisotta was CEO until spring 2007. Since his 2008 indictment, he has maintained that his spending was approved by the governing boards of Citizens; the Louisiana Automobile Insurance Plan, the state’s high-risk auto pool; and the Property Insurance Association of Louisiana, which acted as the third-party administrator for both.
The Louisiana Code of Criminal Procedure allows the state attorney general to charge an embezzlement scheme, such as Lisotta’s, by either multiple counts corresponding to each individual act of theft, or by a single omnibus count encompassing all fraudulent acts within the entire scheme. Lisotta pled guilty to an omnibus theft count, which extends the dates of his criminal acts past those contained within the original indictment and includes all illegal actions on which the 14 separate counts of the original indictment are premised. Among the acts of theft to which Lisotta pled guilty:
• February 2004 — Lisotta bought plane tickets for his wife (Sandra) to travel with him to New York and Bermuda prior to his attending an insurance conference in Europe. He charged his wife’s tickets, $1,219, on his LAIP credit card and did not reimburse LAIP.
• March 2004, and December 2004 — Two expense reports totalling $1,506 were submitted by Lisotta for quail hunts at Bon Amis Hunting Club in Ville Platte. All of the attendees at the hunts were state employees connected to Citizens/LAIP/PIAL. The AG noted that there was no legitimate reason for business to be conducted on quail hunts.
• July 2004 — He submitted an $850 expense report for 100 Zephyrs baseball tickets, and supporting documents attached to report show that tickets were bought to help Rachel Lisotta meet her cheerleading squad fundraising goal of selling 200 tickets.
• Marcy 2006 — Lisotta and his girlfriend, Caryl Mathes, CFO of Citizens, flew to Europe on business. Each ticket cost $6,036.10 and was for first class or business class. The state rate was $1,036, and PIAL travel policy allowed only for coach tickets. Lisotta only put his ticket on expense report, not Mathes’, although he paid for both tickets (his ticket paid by his LAIP card, Mathes’ ticket paid by his PIAL card).
The Houston firm said Friday in its weekly report that 1,575 rigs were exploring for oil and 338 for gas. One was listed as miscellaneous. A year ago there were 1,776 active rigs.
It will be next month before Gov. Bobby Jindal will likely get a chance to change the membership of a South Louisiana flood board that is suing dozens of oil, gas and pipeline companies.
Newly established honor recognizes outstanding local attorneys; Neuner and McGoffin win President's Award; and Blanchard named Outstanding Young Lawyer.
Daily paper constructing new digs near production plant on Rieger Road at Siegen Lane, near I-10.
Investigation finds Arnaud’s Furniture, Carroll Building Specialties and Crazy Charlie’s Shoes running misleading going-out-of-business sales.
Critics say workers and retirees are being held responsible for the Jindal administration's mismanagement of their program.
Potenza Marketing makes fastest-growing companies list.
Local 101 class Friday
“Byzantine” is the word members of the nominating committee for the local flood protection authority often use to describe the complicated, multi-layered matrix of qualifications that must be met to fill a vacancy on that board.
In the Pelican State, Benjamin Franklin buys you about $109 worth of stuff.
Brittan Bush joins Liskow & Lewis, Blake David installed as the Third District Member of the Louisiana State Bar Association’s board of governors, and Simien & Miniex announces 2014 scholarship winners.
“In some cases, we’ve found that these parts are nothing more than used junk yard parts. In others, we’ve found them to be foreign knock-off parts of questionable quality.”
The old Daily Advertiser building on Jefferson Street is being rehabbed as the owner prepares to move it back into commerce.
Its fourth leader gone after two years on the job, the facility struggles to balance the tension between its two missions.
Hub City Cycles hits the ground running through small-business center opportunity.
The future of the coastal loss lawsuit could rest in hands of board’s nominating committee.
Leaders from the local tech community ponder the question: What's missing from Acadiana's tech ecosystem?
AT&T’s U-verse heads our way. Here’s what it means for you.
LITE’s virtual environments are changing the way local employees learn how to do their jobs.
Local tech gurus will go the distance to call Lafayette home.
A look at recent hires, promotions and other news from Acadiana's business community.
New Johnston Street eatery catapults to No. 1 spot in nearly 200-location chain.
By identifying companies that match the output of its post-secondary educational institutions, Lafayette is creating opportunities that keep highly trained graduates in the area.
Gideon’s Promise lauds G. Paul Marx’s work to improve the quality of indigent defense and helps train five new public defenders.
What will INNOV8 4.0 look like?