ARRESTED:
Gregory Red, age 62
305 Kensington Drive
Lafayette, LA., 70508
CHARGES:
Exploitation of Person with Infirmities
Mortgage Fraud
Credit Card Fraud by Person Authorized to Provide Goods and
Services
Theft in Excess of $500,000
BOND: $1,600,000
ARREST WARRANT ISSUED FOR LAFAYETTE RESIDENT FOR
EXPLOITING AN ELDERLY FAMILY MEMBER IN ST. LANDRY PARISH
According to Sheriff Bobby J. Guidroz, “On June 4, 2024, the St. Landry Parish Sheriff’s
Office Elderly Affairs Division received a complaint for exploitation. The victim stated that her
nephew, Gregory Red, was exploiting her and her home was being foreclosed.”
Upon further investigation by detectives, it was learned that in 2017, Gregory Red went to the
victim’s home and told her to be a co-signer to get a loan to secure his home from foreclosure.
Gregory Red was escorted by an unknown woman. The victim stated that she feared her
nephew and signed the documents at her home.
According to the victim, there were no witnesses at the time the documents were signed;
however, the loan documents showed a Notary Public and 2 witnesses were present at that time
and the documents were signed by them.
In 2019, Gregory Red returned to the victim’s home with more documents for the victim to
sign. He also told the victim that she would have to go to bankruptcy court with him due to
signing for the loan he received. During the bankruptcy hearing, the victim learned that her
home was used as collateral for a $250,000 loan and that she was the actual debtor. The victim
stated that Gregory Red demanded for her to sign additional documents as he filed for Chapter
11 and Chapter 13 bankruptcy. During the filing procedures for one of the bankruptcies,
another family member noticed that the victim was filing for bankruptcy. Upon being
questioned, the victim stated that she was not filing bankruptcy and denied having financial
difficulties.
After hiring an attorney, the victim learned that she was also listed as president of two different
companies. It was also discovered that a business bank account was opened at a local bank
without her knowledge and she denied depositing or withdrawing from the account.
When questioned by detectives, the Notary Public stated that there were witnesses present at the
time the documents were signed. The Notary Public claimed that she would not have done the
job without witnesses being present.
When questioned by detectives, one of the witnesses denied being at the home with a second
witness when any documents were signed by the victim, as well as denying the signature on the
documents as being her own.
Information was confirmed by detectives that a mortgage was obtained against the victim’s
home for $250,000.99, as well as credit cards with a total limit of $13,800. Also, a vehicle loan
was obtained for $47,373.60. In addition, the victim was also listed as a guarantor on Gregory
Red’s residence that was foreclosed on in 2024, leaving the victim responsible for an additional
$230,000 loan.
Gregory Red left the victim in a total financial deficit of $541,173.60.
An arrest warrant was issued for Gregory Red on July 9, 2024, charging him with Exploitation
of Person with Infirmities, Mortgage Fraud, Credit Card Fraud by Person Authorized to Provide
Goods and Services, and Theft in Excess of $500,000.
During the evening hours of July 9, 2024, St. Landry Crime Stoppers posted Gregory Red on
their Facebook page, stating that he was wanted by the St. Landry Parish Sheriff’s Office for
this arrest warrant and asked for the public’s assistance in locating him. Minutes later,[Type text]
information was received and Gregory Red was arrested at his home by Lafayette Police
Department.
Anyone with additional information about this this crime is encouraged to call the St. Landry
Parish Sheriff’s Office at 337-948-6516.
You may also call Crime Stoppers at 337-948-TIPS, download the P3 app on your mobile
device or simply dial **TIPS on your mobile phone to tip. All calls are anonymous and you can
earn a cash reward for information leading to an arrest.
On behalf of Sheriff Bobby J. Guidroz, this is Deputy Chief Eddie
Thibodeaux. All persons are presumed innocent until proven guilty in
a court of law.
