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Mon October 21, 2013
El Paso Attorney To Be Tried For Money Laundering
A West Texas lawyer and former Carnegie Mellon University trustee is set to go on trial on charges he conspired to launder money for a Mexican drug cartel.
Jury selection in the trial of Marco Antonio Delgado is scheduled for Monday in federal court in El Paso.
Prosecutors say Delgado conspired to launder drug profits from July 2007 through December 2008. Federal agent Joshua Fry previously testified Delgado confessed that the $1 million he was arrested with was a "trial run" for a laundering operation of up to $600 million for the now defunct Milenio Cartel.
Delgado is a former Carnegie Mellon trustee who gave a $250,000 endowment for a scholarship named after him to assist Hispanic students. He also sponsored local orchestras and belonged to a local educational foundation.
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