LAFAYETTE, La. (KALB) - Roger Boggs, 50 of Mobile, AL, the former CEO of Revolution Aluminum who was supposed to bring a $1.5 billion plant to Pineville in 2015 which never transpired, has made his initial appearance in federal court in Lafayette for bank fraud and making false statements on loan applications charges.
Boggs was indicted on June 26 in federal court, he had already been indicted on similar state charges.
According to the federal indictment, Boggs engaged in a series of schemes to obtain a commercial loan from Red River Bank between May 2015 and March 2016.
He made his initial appearance in Lafayette before Judge Carol Whitehurst. He was also set to be arraigned, but did not have counsel at the time. Boggs informed the court that he wished to retain his own attorney, so his arraignment was pushed back and a new date has yet to be set. He will be arraigned in Alexandria.
If convicted, Boggs faces 30 years in prison for each count. He also faces up to five years of supervised release, a $1 million fine and restitution.
Boggs remains in the custody of the U.S. Marshals.
To read more on the history of this case, visit the "related links" section of this page.
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