News roundup: Covington businessman charged with fraud … Insurance commissioner assumes national post … Jimmy John’s open downtown

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Accused of false statement: Raymond Grow II, owner and operator of Masters Built Construction, is accused of providing a bogus letter from the Army Corps of Engineers that claimed only a small percentage of wetlands existed on the land he wanted to develop. A court filing says Grow’s company obtained a $3.4 million loan from First American Bank to pay for building a subdivision on a 22-acre parcel of property in Ponchatoula.

Next in line: Louisiana Commissioner of Insurance Jim Donelon will ascend to the presidency of the National Association of Insurance Commissioners effective Jan. 1. He had been serving as president-elect in 2012.

Sandwiches to go: Baton Rouge’s newest Jimmy John’s location is now open downtown at 201 Third Street, in the same location as the state-owned parking garage.

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