Calmes sentenced for money laundering, dealer fined $500K

Publish Date: 
Nov 30, 2012

BATON ROUGE, La. - A federal judge Thursday sentenced the manager of Calmes Motorsports to 30 months in prison and fined the business $500,000 after a Baton Rouge federal court jury last summer convicted him on a charge that he laundered money for drug dealers.

Forty-year-old Kevin Paul Calmes, manager of the former Denham Springs, La., dealership, was fined $25,000 by visiting U.S. District Judge Lance Africk, of New Orleans, and ordered to pay restitution of $24,927 to the Internal Revenue Service, according to the Advocate.

Both Calmes and his family’s business were convicted on three counts related to their handling of cash transactions greater than $10,000. The transactions were structured in ways that avoided the filing of cash reports that would have drawn the attention of the IRS and other federal agencies.

Calmes reportedly will ask the 5th U.S. Circuit Court of Appeals in New Orleans to reverse his conviction.

C. Frank Holthaus, attorney for the dealership, told Africk the company has nothing with which to pay a fine. “Basically, Calmes Motorsports is dead,” Holthaus said.

Kevin Calmes and the company also were convicted on a charge of failing to file IRS Form 8300, which is for reporting cash transactions involving more than $10,000.

Both Calmes and the company were found not guilty on a single charge of conspiracy to launder money. Calmes also was acquitted on one of his two money-laundering counts. And the dealership was acquitted on two counts of money laundering.

Africk has ordered Calmes to report to federal prison by 2 p.m. Jan. 7.

Posted by Holly Wagner