LAFAYETTE, LA (WAFB) - According to the Lafayette Police Department, Felicia Young, 49, was arrested Tuesday for theft over $25,000.
Investigators say Young allegedly solicited investors for thousands of dollars of startup money. She informed victims that Federal Grant money would be received in conjunction with the startup money. The money was allegedly never used by Young for the purpose of opening a business.
Officials urge anyone who may have given money to Young for the purpose of starting a business to contact the Lafayette Police Department's at 337-291-8617.
The investigation is ongoing.