Duhon arrested in Capital Management theft case

Armond Duhon, 61, is the latest arrest associated with theft of funds belonging to Capital Management Consultants Inc. in Morgan City, according to Morgan City Police Chief James Blair.
Duhon, of Sixth Street in Morgan City, was arrested at 7:10 p.m. Thursday at his residence on outstanding warrants. Warrants included 23 counts of theft over $1,500 totaling $773,785.27, money laundering, intimidation of witnesses and racketeering, Blair said.
The Morgan City Police Detective Division secured the warrants during a continuing investigation, which began March 25, 2014, in which theft of funds from several accounts belonging to the Capital Management Consultants Inc. were reported. Duhon remains incarcerated with bail set at $576,000.
The investigation continues and more arrests are pending, Blair said.
His wife, Karen D. Duhon, 60, was charged July 29, 2014, on eight counts of felony theft totaling $1.233 million. Morgan City police detectives arrested Duhon on warrants charging her with 28 counts of theft of over $221,801.01 between July 2011 until November 2013. She was arrested again in January on charges of stealing an additional $221,000 from the company.
The warrants were secured during a continuing investigation, which was started by the Morgan City Police Department, after a complaint was filed on March 25, 2014, into the theft of funds from several accounts belonging to Capital Management Consultants Inc., police said.
On July 24, 2014, Donna Sue Peveto, 58, of Houma, was charged on seven counts for theft of more than $1,500 totaling $633,700 from Capital Management Consultants. The company’s controller James Scott Tucker, CPA, died in January 2014.
Karen Duhon and Tucker are accused of working together to steal money from the company, Capital Management Consultants spokesman Marwan Mohey-El-Dien said in an earlier interview.
Peveto, who worked as a bookkeeper assistant and assistant to management, found out about the theft at which time Tucker and Duhon started paying Peveto to “keep her quiet,” Mohey-El-Dien said.
The owners of Capital Management Consultants have filed two civil suits in the 16th Judicial District Court. One against Karen Duhon, Peveto, Tucker’s estate and others who are alleged to have benefited from theft of potentially up to $30 million, possibly dating as far back as the 1980s. The other civil suit is against attorney Michael Aloise Jr., of St. Mary Parish, for damages.
Capital Management Consultants Inc. is a private investment holdings company that owns multiple companies.
Armond Duhon