Covering Louisiana

Jan 21, 2011 7:59 PM by Alison Haynes

Company accountant, stepson accused of embezzling

RACELAND, La. (AP) - An accountant for a Raceland seafood company and his stepson have been arrested on charges they embezzled more than $466,000 since 2009.
The Lafourche Parish Sheriff's Office said Friday that 54-year-old Edward Snyder systematically altered and cashed checks worth $432,954 from 2009 to last year and inflated paychecks for his stepson, 30-year-old Jared Ferriss, by $33,413.
Snyder did accounting and payroll for Fishing Jim's Seafood for 13 years. Ferris also worked for the company. Both men are from Houma.
Snyder was booked Thursday with one count each of bank fraud and felony theft and with 195 counts of monetary instrument abuse. He remained jailed on $150,000 bond.
Ferris was booked with single counts of bank fraud and felony theft and 67 counts of monetary instrument abuse. He was released Friday after posting $20,000 bond.

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