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BATON ROUGE – Convicted New Orleans attorney and film executive Malcolm Petal has made the first payment as part of a court-ordered restitution for having bribed a former state official in exchange for movie industry tax credits.
The Louisiana Department of Revenue received Petal’s initial payment of $42,689.10 on June 30, 2009. Petal must pay the State of Louisiana a total of $1.35 million as part of a plea agreement. In April, 2009, a federal judge sentenced Petal to five years in prison. He reported to prison on May 25. Under his plea agreement, Petal will begin paying the balance of the court-ordered restitution upon his release.
For more information, please contact:
Director, Criminal Investigations Division
Louisiana Department of Revenue
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