The co-owner of the now-closed Desperado's Cabaret in Carencro pleaded guilty in federal court Friday, according to the U.S. Attorney's Office.

According to U.S. Attorney Stephanie Finley, 70-year-old Dipvak Vora of Baton Rouge admitted that he knew the club was used for prostitution as early as 2006. He also admitted to receiving some $500,000 in illegal proceeds from the club between 2006 and 2011.

Vora, co-owner James Panos, and eight others were charged in connection with the racketeering and drug conspiracy.

"The charges are the result of an investigation into drug trafficking, drug distribution, prostitution, and other illegal activity that took place at Desperado's Cabaret," Finley said.