Date: January 3, 2024 Contact: newsroom@ci.irs.gov NEW ORLEANS — Dillon Arceneaux, a resident of Marrero, Louisiana, and Zeb Sartin, a resident of Duson, Louisiana, were sentenced today by U.S. District Court Judge Jane Triche-Milazzo, after previously pleading guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering, announced U.S. Attorney Duane A. Evans. Arceneaux received 3 years of probation, with the first 12 months to be served in home confinement, a $10,000 fine, and he was ordered to pay $1,604,581 in restitution to the victim. Sartin received 3 years of probation, with the first 12 months to be served in home confinement, and he was ordered to pay $2,100,690 in restitution to the victim from U.S. District Court Judge Jane Triche-Milazzo. Arceneaux and Sartin were also ordered to pay a mandatory special assessment of fee $100 per count. As according to court documents, Arceneaux and Sartin conspired with Ryan Mullen, Duane Dufrene, Grant Menard, and Lance Vallo to use several shell Louisiana corporations that were devoid of assets, to defraud a Georgia based merchant cash company. Mullen and Dufrene helped establish Arceneaux, Vallo, Menard, and Sartin as the owners of the existing corporations. Mullen and Dufrene then created fake vendor accounts for the corporations, and Mullen, along with another person, created falsified bank records for the corporations. Mullen then used an alias and represented himself to be a broker for the shell corporations he helped create. Through the aid of another broker, Mullen supplied the victim merchant cash advance company with the fake vendor accounts and false bank records in order to obtain funding. The victim cash advance company approved the advances and electronically wired Arceneaux, Vallo, Menard, and Sartin millions of dollars in advances. Arceneaux, Vallo, Menard, and Sartin laundered a some of the funds by paying Mullen and Dufrene percentages of the funds. Arceneaux, Vallo, Menard, and Sartin then closed their non-existent corporations before fully repaying the victim merchant cash advance company, resulting in overall losses of approximately $6.4 million. Arceneaux was responsible for approximately $1.6 million in losses to the victim, and Sartin was responsible for $2.1 million in losses. U.S. Attorney Evans commended the special agents of the IRS Criminal Investigation (CI) and Federal Bureau of Investigation for their handling of the matter. The case is being prosecuted by Assistant United States Attorneys Edward J. Rivera of the Financial Crimes Unit and Andre J. Lagarde of the Public Integrity Unit. CI is the criminal investigative arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money-laundering, public corruption, healthcare fraud, identity theft and more. CI special agents are the only federal law enforcement agents with investigative jurisdiction over violations of the Internal Revenue Code, obtaining a more than a 90 percent federal conviction rate. The agency has 20 field offices located across the U.S. and 12 attaché posts abroad.
