Terry Lisotta was arraigned in Baton Rouge on 14 counts of theft. Lisotta, CEO of Louisiana Citizens Property Insurance Corp. until April 2007, is accused of improperly spending about $30,000 of the firm's money.

The criminal charges stem from an investigation by the Legislative Auditor's Office that questioned $106,000 of Lisotta's expense reports from 2003-2006. State Attorney General Buddy Caldwell's office is prosecuting.