NewsLocal NewsIn Your Parish

Actions

Jury finds Lafayette man guilty of theft and money laundering

Posted at 3:33 PM, Feb 08, 2019
and last updated 2019-02-08 23:14:55-05

A Lafayette man has been convicted of stealing money and land from someone.

A jury found Michael C. Duhon, 52, guilty of theft of more than $25,000 and money laundering in excess of $100,000.

Prosecutors argued that Duhon used a complex financial scheme to steal more than $400,000 in retirement funds and land from the victim. He then moved the money through shell corporations and various bank accounts to conceal the source of the funds.

Duhon was indicted on the charges in 2017. The verdict followed a three-day trial.

Duhon faces a sentence of 5 years to 20 years for the theft and a sentence of 5 years to 99 years for money laundering. He has been in Lafayette Parish Correctional Center since November 2017, with his bond set at $250,000.

The case was investigated by the state Attorney General’s Office, Agent Jedd Faulk. The case was tried by Assistant District Attorney Bobby Odinet. Sentencing will be set after pre-sentence investigation is completed.