EL PASO, Texas – Federal prosecutors want a former Carnegie Mellon University trustee accused of money laundering to forfeit over $2.5 million in cash and assets.
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 to underwrite a lavish lifestyle that included a $200,000 contribution to Carnegie Mellon University. Delgado faces a separate 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. Authorities have requested forfeiture of $2.5 million in cash, an El Paso house and a New Mexico apartment.
Delgado maintains his innocence.