Local builder accused of money laundering - Tri-State News, Weather & Sports

Local builder accused of money laundering

Lashone Owens Lashone Owens

Posted by Amanda Lents

A hearing Monday in Indianapolis for a local home builder.

Forty-two-year-old Lashone Owens is being held in Indianapolis on 56 federal counts of structuring, a form of money laundering.

The US district attorney's office says Owens is accused of moving money from bank to bank numerous times without filing the necessary paperwork.

Owens owns Divine Homes in Newburgh and is a member of the South-western Indiana Homebuilders Association.

If convicted he faces up to 10 years in prison and a quarter of a million dollar fine.

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