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New Orleans, Louisiana - Dillon Arceneaux, 33, of Marrero, and Zeb Sartin, 37, of Duson, have both been sentenced to 3 years of probation, with the first 12 months in home confinement, after they pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. Arceneaux received a $10,000 fine and must pay $1,604,581 in restitution, while Sartin was ordered to pay $2,100,690 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.