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James Panos, Racketeering Conspiracy, Louisiana 2013

LAFAYETTE, La. – James Panos, 56, of Broussard, La., was sentenced to 72 months in prison for one count of racketeering conspiracy at the now closed Desperado’s Cabaret in Carencro, La.

On May 15, 2013, Panos was charged along with others in a 10-count indictment alleging racketeering conspiracy, drug conspiracy, and firearms charges. The charges are the result of an investigation of drug trafficking, drug distribution, prostitution, and other illegal activity that took place at Desperado’s Cabaret.

Panos was also sentenced to two years of supervised release and agreed to forfeit illegal proceeds, 10 firearms already seized, the Desperado’s property, to include the building and land.

Panos’ wife, Jennifer Panos, 48, of Broussard, was also sentenced to 48 months in prison and two years of supervised release for one count of racketeering conspiracy, as well as forfeiture of the items listed.

The investigation into Desperado’s Cabaret was a collaborative effort between the U.S. Drug Enforcement Administration, the Federal Bureau of Investigation, the U.S. Department of Homeland Security Investigations, Louisiana State Police and Lafayette Metro Narcotics.

Assistant United States Attorneys Myers Namie and Daniel McCoy prosecuted the case. The total amount of assets and proceeds seized and forfeited is approximately $1.2 million.

Desperado’s has been closed since December 5, 2012, and will remain so indefinitely.

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