2 ex-legislators arrested for money laundering in Guatemala

Published March 31, 2017

Two former congressmen and an ex-mayor have been arrested in Guatemala for allegedly using illicit funds to finance a political party.

The federal prosecutors' office said Friday the three face charges of illegal campaign financing, embezzlement and other charges.

The three allegedly used the illicitly obtained funds to finance a small opposition political party known by its acronym as "Lider" in 2015 elections.

Investigators estimate the ring laundered about $33 million through about 200 fictitious companies.

Ten other people have been arrested in the case.

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