Louisiana Corruption Former State Senator Derrick Shepherd

Shepherd spends night in a half way house. He is accused to punching his girl friend and stealing her cell phone and $100.

On April 10, 2008, Shepherd was indicted by federal investigators on charges of corruption. Shepherd allegedly engaged in a money-laundering scheme, in which he is accused of laundering $141,000 for Gwen Moyo, a former insurance broker who was barred from that business due to a felony conviction. Moyo's business accounts were frozen, so Shepherd ran the funds through his business account, retaining $65,000 for his services. He has claimed that he performed 100 hours legitimate legal services for this money ($650 an hour). The Feds dispute Shepherd's account.

On October 10, 2008, Shepherd pleaded guilty to one count of conspiracy to commit money laundering. He also resigned his state senate seat on the same day. In February 2010, Shepherd was sentenced to 37 months in prison.

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News & Politics

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• Corruption
• New Orleans Corruption
• Ray Nagin
• Mary Landrieu
• Derrick Shepherd
• Political Corruption
• New Orleans Politics
• Louisiana Politics