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.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.