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Holton Resident, Former Rep., Indicted on Federal Charges

By Brian Hagen

03/12/2014

Trent LeDoux

(MSC News)--A former Kansas Legislator, and a resident of Holton, is charged with three counts of bank fraud and two counts of money laundering.

A federal grand jury indictment returned Wednesday alleges that some of the money went into the political account of Trent LeDoux.

U.S. Attorney Barry Grissom says the alleged crimes occurred in 2011 and 2012 while he was a member of the Kansas House of Representatives.

The indictment alleges that LeDoux received three loans, totaling over $465,000, from Farmers and Merchants Bank of Colby claiming that all of the funds would be used to purchase cattle that would serve as collateral on the loans. Instead, it's alleged the funds were intended to be used to pay off existing debts and to make contributions to his political account.

The indictment alleges that the money laundering occurred when LeDoux transferred $15,000 in December of 2011 and $12,000 in August of 2012 to his campaign account.

The indictment seeks a monetary judgment of just over $465,000.

If convicted, LeDoux faces a maximum penalty of 30-years in federal prison and a fine up to $1 million on each count of bank fraud. He faces a maximum sentence of 10-years in federal prison and a fine up to $250,000 on each count of money laundering.

LeDoux served as a Republican member of the Kansas House, overseeing District 50, from June 2011 to 2013. He was appointed to the position in May of 2011 to fill the unexpired term of the late Rocky Fund.

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