LAKE CHARLES, La. (KPLC) – Former Louisiana Department of Wildlife and Fisheries Secretary, Jack Montoucet, was sentenced on June 30 to 27 months in prison for conspiring to defraud the United States by soliciting and accepting kickbacks in return for awarding a state contract.
During his trial on March 31, 2026, Montoucet pled guilty.
According to court documents, while Montoucet was secretary of LDWF he steered a contract to a company called DLG1 LLC in exchange for a third of the profit. The other two-thirds was to be divided between Montoucet’s co-conspirators, Dusty Guidry and Leonard Franques.
On January 27, 2021, Montoucet caused LDWF to award a no-bid contract to DGL1 to provide online hunter and boater education courses.
After the Louisiana Division of Administration, Office of Special Procurement raised concerns about the no-bid contract, the LDWF opened a public bid for a…
THE TD BANK INSIDER “BRIBE-FOR-DATA” SCHEME (USA)
Date: February 17, 2026 Perpetrator: Edward Low (Former Bank Employee)
Case Description: In a high-profile case of “Insider Threat,” Edward Low, a former employee of TD Bank in New York, pleaded guilty in a New Jersey federal court to accepting bribes in exchange for confidential customer data. Between 2021 and 2022, Low leveraged his internal access to harvest the personal details of high-balance account holders. He then sold this “hot data” to external fraud syndicates for as little as $26,700 in personal kickbacks.
The external fraudsters used the information Low provided to conduct “Account Takeovers” (ATO), creating fraudulent checks and falsifying bank records to drain over $500,000 from unsuspecting customers. Low even went as far as helping co-conspirators open shell company accounts at a second financial institution where he was later employed. He now faces a maximum penalty of 30 years in prison. This case has sent shockwaves through the global banking sector, highlighting that even the most robust external firewalls cannot protect against a “rogue insider” with administrative credentials.
Link to Original: US Dept of Justice – TD Bank Insider Plea