Brooklyn man pleads guilty to obstruction charge | USAO-NDNY

ALBANY, NEW YORK – Jacques Laventure, 35, of Brooklyn, New York, pleaded guilty today to obstructing official process by selling a mansion and estate that the U.S. Attorney’s Office was seeking to confiscate as part of a a criminal case against his brother.

The announcement was made by United States Attorney Carla B. Freedman and Janeen DiGuiseppi, Special Agent in Charge of the Federal Bureau of Investigation (FBI) Albany Field Office.

Laventure is the brother of Jean Lavanture, of Saugerties, New York. Jean Lavanture was indicted in October 2020 for fraudulently obtaining nearly $5 million in Paycheck Protection Program (PPP) loans and Economic Injury Loans (EIDLs) intended to help legitimate businesses during the pandemic. As part of this lawsuit, the U.S. Attorney’s Office sought to confiscate a mansion and estate in Byram Township, New Jersey, which Jean Lavanture had purchased with approximately $850,000 in fraud proceeds.

In pleading guilty, Jacques Laventure admitted that between January and March 2021, he conspired to sell the Byram Township property, knowing that the US Attorney’s office was seeking to confiscate it. He also admitted that on March 10, 2021, he completed the sale of the property for $443,920 net of fees, and knew that by selling the property to a third party he was preventing its forfeiture in the criminal case brought against his brother.

Laventure faces up to 20 years in prison and up to 3 years of supervised release after imprisonment, when U.S. Chief District Judge Glenn T. Suddaby sentences him on August 25, 2022. The sentence of A defendant is imposed by a judge based on the particular law the defendant is accused of violating, US sentencing guidelines, and other factors. Laventure agreed to confiscate $443,920 that the FBI has already seized and pay an additional $331,080 in restitution.

This case was investigated by the FBI and is being prosecuted by Assistant US Attorneys Michael Barnett and Joshua R. Rosenthal.

Comments are closed.