New Roads man convicted on charge of money laundering

A Pointe Coupee Parish jury convicted a New Roads man of money laundering, District Attorney Ricky Ward said in a new release Friday.

Ward said the case is one of the first money-laundering convictions that has been handed down by a jury in the 18th Judicial District.

Martin “Marty” Lemoine, 207 N. Carolina St., New Roads, was found guilty Wednesday of inflating bills or invoices sent to Union Pacific Railroad between 1995 and 1998.

Ward said through the defendant’s company, Morel G. Lemoine Distributors, Lemoine, 53, collected “thousands of dollars” in illegal funds during the three-year period.

The scheme was uncovered through an investigation conducted by Union Pacific Railroad personnel, he said.

Lemoine faces a sentence of up to 20 years in prison and a fine of more than $20,000.