Woman Pleads Guilty to Embezzling Money from Bankruptcy Clients

Woman Pleads Guilty to Embezzling Money from Bankruptcy Clients

A West Monroe woman, pleaded guilty on Sept. 19, to stealing bankruptcy clients’ Chapter 13 payments.

Jessica M. Millwood, 39, of West Monroe, La., pleaded guilty to one count of embezzlement against a bankruptcy estate. According to testimony presented during the guilty plea, Millwood worked for a Monroe bankruptcy attorney, Glay H. Collier II, who himself was previously convicted for bankruptcy fraud against his clients. Millwood dealt directly with the clients and took money from debtor-clients. A client filed for Chapter 13 bankruptcy in March of 2014 and began paying $1,105 per month to settle debt. Millwood began embezzling the money from the client for her own use in May of 2014 rather tgan remitting the plan payments to the Chapter 13 trustee. In August of 2014, the client’s case was dismissed for failure to pay. Millwood embezzled fund from approximately 10 debtor-clients during her employment with Glay Collier.

Millwood faces a maximum penlty of up to five years in prison, three years of supervised release, restitution and a $250,000 fine. Sentencing is scheduled for January 26, 2017