Reagan T. Fondren Acting United States Attorney Western District Of Tennessee | U.S. Attorney for the Western District of Tennessee
The U.S. Attorney's Office for the Western District of Tennessee announced that it collected nearly $3 million in criminal and civil actions during Fiscal Year 2024. Acting United States Attorney Reagan Fondren stated that a total of $2,932,631.57 was collected, with $2,635,982.75 from criminal actions and $296,648.82 from civil actions.
In collaboration with other U.S. Attorney’s Offices and the Department of Justice components, an additional $23,145.23 was gathered through joint cases.
"The federal government has a responsibility to collect restitution for victims of crime," said Acting U.S. Attorney Reagan Fondren. "Our Criminal and Civil Divisions, including the Financial Litigation Program, work diligently to ensure that this mission is met."
The office also reported collecting $2,688,743 in asset forfeiture actions during the fiscal year. These assets are deposited into the Department of Justice Assets Forfeiture Fund to restore funds to crime victims and support various law enforcement activities.
Several notable cases contributed to these collection efforts:
In U.S. v. Rosemary Covey and Morgan Stanley (06-cr-20408 and 24-cv-2257), Covey was convicted of bank fraud and access device fraud and ordered to pay restitution totaling $1,034,105.49. The U.S. Attorney's Office discovered a retirement account at Morgan Stanley belonging to Covey and filed a Writ of Garnishment on her IRA, recovering $73,843.54 towards restitution.
In another case, U.S. v. Teresa T. Parsley (07-cr-20035), Parsley was convicted of bank fraud and conspiracy to commit bank fraud with an order to pay $3,829,605.29 in restitution. After minimal payments were made by Parsley, the office recovered $143,845 from the sale proceeds of her home for restitution purposes.
The U.S. Attorney’s Offices along with the Department’s litigating divisions are tasked with enforcing and collecting civil and criminal debts owed to the United States as well as criminal debts owed to federal crime victims.
For further information or inquiries about this announcement or other updates from the office can be directed to their Media Relations Team via email at USATNW.Media@usdoj.gov or followed on social media platforms Facebook or X under @WDTNNews.
