Kenner contractor jailed on $90G bond after $500G fraud bust
- Three counts of felony theft related to contractor fraud in Orleans Parish.
- One count of felony theft related to contractor fraud in St. Charles Parish.
- 17 counts of felony theft related to contractor fraud and 17 counts of forgery in Jefferson Parish.
It is alleged that Abboud defrauded homeowners out of $500,000 by contracting to repair damage from Hurricane Katrina and then failing to make good on the deals.
AB Coastal Construction, Inc. was located at 4130 Florida Avenue in Kenner. Abboud was arrested in a luxury condominium in Boca Raton, Fla., the attorney’s general office said.
Bond was set at $90,000 in Orleans Parish. The investigation is ongoing and additional charges are expected.
If you have any information on Abboud and or AB Coastal Construction, Inc., please contact the Louisiana Attorney General's Investigation Division at 225-326-6100.
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