A California man described by prosecutors as a “straw man” for a convicted felon’s illegal insurance business in Louisiana has been sentenced to three years of probation.
U.S. District Judge Carl Barbier also on Wednesday ordered 67-year-old James Zoucha, of Oceanside, Calif., to pay about $321,000 in restitution.
Zoucha pleaded guilty to charges stemming from a money laundering case against unlicensed bond broker Gwendolyn Moyo.
Moyo was sentenced to 20 years in prison after a jury convicted her of conspiring with former state Sen. Derrick Shepherd to launder money from her sale of bogus construction bonds. Shepherd pleaded guilty to a conspiracy charge and is awaiting sentencing.
Was this article valuable?
Here are more articles you may enjoy.
Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration: NJ High Court 
California Rivals Have Starkly Different Plans to Remake Home Insurance 
Tropical Storm Watches Posted Across Florida’s Panhandle Region 
Models Stripped of Insurance Cover for Club’s Unauthorized Use of Their Images 
