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Court Date Set For Rep. Stephen LaRoque

A state representative who was indicted Tuesday by a federal grand jury will appear in court next month.

Representative Stephen LaRoque was indicted on charges of stealing money from a federal loan program and engaged in other transactions related to property derived from unlawful activity.

Questions had been raised in recent months about his involvement in East Carolina Development Company which received millions of dollars through a U.S.D.A. small-business lending program.

LaRoque has previously denied any wrongdoing involving ECDC and another other nonprofit he oversees designed to provide low-interest loans to small businesses.

LaRoque, a Republican who lost in the primary, will appear at the U.S. Courthouse in Raleigh on August 6th at 10:00 a.m. before Judge James Gates.


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A Federal Grand Jury has indicted Republican State Representative Stephen LaRoque of Kinston on charges that he misappropriated money from a federal program that he runs.

The eight count indictment charges LaRoque with stealing money from a federal loan program and engaged in other transactions related to property derived from unlawful activity.

Questions had been raised in recent months about his involvement in East Carolina Development Company which received millions of dollars through a U.S.D.A. small-business lending program.

LaRoque has previously denied any wrongdoing involving ECDC and another other nonprofit he oversees designed to provide low-interest loans to small businesses.

The 72 page indictment claims LaRoque gave his future wife special loan rates for her flooring business, and then later approved loans for the woman to purchase Bladez on Ice, a Greenville ice skating rink.

The indictment also reveals questionable vehicle purchases, the purchase of thousands of dollars in jewelry, which included several Faberge Eggs, and the purchase of a rental home for his step-daughter.

It says after federal grand jury subpoenas were served on the state lawmaker last September, LaRoque began raising money for one of his companies to pay back some of its loans from ECDC. When contacted by WITN News this afternoon LaRoque would not comment.

LaRoque, who represents parts of Lenoir, Greene and Wayne counties, lost his re-election bid in the Republican primary in May. This past session he was chairman of the powerful House Rules Committee.

If convicted, LaRoque faces up to 10 years on each count.

To read the complete indictment, click on the link at the top of the story.

Stay with WITN and witn.com for more on this developing story.


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