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Businesswoman indicted on federal charges

3 years ago August 14, 2012 Aug 14, 2012 Tuesday, August 14 2012 Tuesday, August 14, 2012 9:32:50 AM CDT in News
Source: Associated Press

LAFAYETTE - A Lafayette businesswoman has been charged with wire fraud and money laundering.

Federal authorities say Catherine Romero is accused of defrauding investors out of more than $1.2 million in a scheme involving plans to manufacture goods created from alligator hides from 2007 to 2008.

A trial is set for Oct. 1.

The indictment alleges that Romero claimed she would put investors' money in land and a manufacturing facility and tannery that would be built in Scott, as well as manufacturing equipment to make goods created from alligator hides.

Romero also promised to purchase an alligator farm and alligator hide tanning facility in Opelousas.

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