US seeks $2.5 Million in Lawyer's Laundering Case

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Prosecutors want a former Carnegie Mellon University trustee accused of money laundering to forfeit $2.5 million in cash.

An indictment filed Wednesday in Texas alleges that El Paso lawyer and philanthropist Marco Delgado defrauded a firm doing business with a Mexican utility of millions and used that money on a lavish lifestyle.

Delgado faces another indictment accusing him of conspiring to launder more than $600 million for a Mexican drug cartel.

The new indictment says Delgado misrepresented himself to move $32 million from his client to an account he controlled in the Caribbean.

Delgado maintains his innocence.

In 2003, Delgado donated $250,000 to create a scholarship at Carnegie Mellon named after him. It's not clear from the indictment if that money came from the alleged scheme.