A Baton Rouge-area businessman is accused of conspiring to launder drug money and disguising the sale of motorcycles to drug dealers.
Kevin Calmes, 39, was indicted Thursday. He faces 80 years in prison and a fine of $2.5 million. The investigation surrounds Calmes Motorsports in Denham Springs.
U.S. Attorney Donald J. Cazayoux, Jr. announced a federal grand jury returned an indictment charging Calmes and Calmes Motorsports, L.L.C., with conspiracy to commit money laundering, money laundering, failure to file required reports and structuring transactions in order to evade reporting requirements.
HERE IS INFORMATION FROM THE U.S. ATTORNEY’S NEWS RELEASE:
The Indictment alleges that from January 2000 through April 2007, CALMES MOTORSPORTS, L.L.C. and KEVIN PAUL CALMES conspired with multiple individuals to launder proceeds of narcotics trafficking and to avoid filing reports of their receipt of cash greater than $10,000. KEVIN PAUL CALMES and CALMES MOTORSPORTS, L.L.C. are also charged with two counts of money laundering, three counts of structuring transactions so as to evade reporting requirements, and one count of failure to file reports of their receipt of cash greater than $10,000.
Detailed news link: here
