Family to forfeit $105m in property
Published:Friday | June 17, 2022 | 12:10 AM
The Supreme Court has ordered that more than $100 million in properties owned by a Manchester businesswoman, her sister, and son be forfeited to the State.
The properties include five parcels of land spread across four parishes and measuring over 600 acres, which Eva Mae Sterling, 61; her sister, Marline Ledford; and son, Nicholaus Chang, purchased between 2012 and 2014 for approximately $105 million, the Financial Investigations Division (FID) disclosed Thursday.
The order was made in the Supreme Court on June 13, the FID said.
She was fined $300,000 or nine months’ imprisonment on one count and 12 months in prison suspended for two years on the second.
Ledford and Chang were spared fines or jail time in Sterling’s plea deal.