- Associated Press - Saturday, June 27, 2020

SLIDELL, La. (AP) - 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.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2020 The Washington Times, LLC.

Please read our comment policy before commenting.

 

Click to Read More and View Comments

Click to Hide