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Oct 7, 2010 9:31 PM by Alison Haynes

Former NO housing CFO gets 46 months

NEW ORLEANS (AP) - A former chief financial officer with the Housing Authority of New Orleans has been sentenced to nearly four years in federal prison.
Elias Castellanos, who now lives in Prescott Valley, Ariz., pleaded guilty in September 2009 to embezzling $900,000 from the public housing agency. U.S. District Judge Mary Ann Vial Lemmon sentenced him Thursday to 46 months in prison and fined him $75,000.
Federal prosecutors said Castellanos already has repaid the majority of his restitution to the agency and will have to pay $225,000 more.
Investigators say Castellanos submitted false time billings, including some under his wife's maiden name for work she did not perform.

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