NEW ORLEANS AP - A federal grand jury indicted a state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business.Derrick Shepherd, a lawyer from the New Orleans suburb of Marrero, allegedly conspired with the unlicensed bond broker to launder roughly $2 million in fake construction bond fees, federal prosecutors alleged Thursday.
April 11, 2008 at 12:00 AM
1 minute read
NEW ORLEANS AP – A federal grand jury indicted a state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business.
Derrick Shepherd, a lawyer from the New Orleans suburb of Marrero, allegedly conspired with the unlicensed bond broker to launder roughly $2 million in fake construction bond fees, federal prosecutors alleged Thursday.
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