NEW ORLEANS, La. (AP) - State Sen. Derrick Shepherd has pleaded guilty in federal court to one count of conspiracy to commit money laundering.
Shepherd, D-Marrero, entered his plea Friday before U.S. District Judge Carl Barbier.
The federal case accused Shepherd of helping Gwendolyn Joseph Moyo launder $141,000 in checks written to her companies whose accounts had been frozen by the insurance department.
Shepherd was released on bond until his sentencing. He resigned from the Senate Friday morning.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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