Sentencing set for February for bank fraud and money laundering

Sentencing is set for February for one of two men accused of fraudulently getting loans to buy a home in Jayess, The Briars historic home in Natchez, plus the Hotel Vue and a Super 8 Motel. 54-year old Duane Dufrene was set to go to trial late next month, but struck a deal with prosecutors. He agreed to plead guilty to one count each of conspiracy to commit bank fraud and money laundering. His partner in the scheme, Ryan Mullen, has not struck a deal. Prosecutors claimed the inflated loans were also used to buy upwards of two dozen high-end cars, and several of those have been seized by the federal government.

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