Lafayette Man Convicted of Felony Theft and Money Laundering
Feb 09, 2019 01:44PM ● By Staff Writer
On February 7, 2019, a Lafayette Parish Jury unanimously convicted Michael C. Duhon (52) of theft over $25,000 and money laundering in excess of $100,000.
During the three-day trial, prosecutors argued that Duhon used an elaborate financial scheme to steal more than $400,000 in retirement funds and land from the victim(s). He then moved the money via shell companies and various bank accounts to conceal the source of the funds.
Duhon has been held in the Lafayette Parish Correctional Center since his indictment in November 2017, on charges of Felony Theft, Money Laundering, and Exploitation of the Infirmed.
With his conviction, Duhon faces a sentence of 5 to 20 years for Theft and a sentence of 5 to 99 years for Money Laundering. Sentencing will take place after a pre-sentence investigation is completed.