New Orleans, Louisiana – Zeb Sartin,37, of Duson, and Dillon Arceneaux,33, of Marrero, both entered guilty pleas to one count of conspiracy to commit money laundering and wire fraud. As a result, they were each sentenced to three years of probation, the first twelve of which would be served at home. Sartin was forced to pay $2,100,690 in reparations, while Arceneaux was fined $10,000 and required to pay $1,604,581 in restitution.

Key Points

- Court documents reveal that Arceneaux and Sartin, along with co-defendants Ryan Mullen, 42, of Jayess; Duane Dufrene, 55, of Kenner; Grant Menard; and Lance Vallo, 38, of New Orleans, used shell Louisiana corporations to defraud a Georgia-based merchant cash company.
- Mullen and Dufrene established fake vendor accounts and falsified bank records for these corporations.
- The group obtained funding from the victim company through false representations and subsequently laundered the funds.
- Arceneaux and Sartin closed their corporations without fully repaying the victim, leading to losses of approximately $6.4 million.
- Arceneaux was responsible for about $1.6 million in losses, while Sartin accounted for $2.1 million.
- Both Mullen and Dufrene have pleaded guilty, each facing up to five years in prison. Vallo was sentenced to 36 months of probation with one year of home confinement and $876,035.05 in restitution.

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