Philanthropist on trial in money laundering case

By: JUAN CARLOS LLORCA Associated Press
By: JUAN CARLOS LLORCA Associated Press

EL PASO, Texas (AP) - An ex-Carnegie Mellon University trustee is on trial in Texas on charges he conspired to launder up to half a billion dollars for a Mexican drug cartel.

A jury has been selected and opening statements are planned Monday in the trial of Marco Antonio Delgado 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 lawyer and former Carnegie Mellon trustee who gave a $250,000 endowment for a scholarship named after him to assist Hispanic students.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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