Kenneth Rijock

Kenneth Rijock

Saturday, April 4, 2015

TRIAL OF SECOND MONEY LAUNDERING CASE AGAINST EL PASO ATTORNEY DELAYED


Plea negotiations in the second money laundering case against former prominent El Paso attorney, Marco Antonio Delgado, also known as Marco Delgado Lincon, have been reportedly suspended, and the trial date postponed, pending the outcome of Delgado's appeal of his first case. The defendant received a 20-year sentence in the first case, and the Fifth Circuit Court of Appeals recently held oral argument on his appeal.

The second case, which charged money laundering and wire fraud, involved the diversion of a payment of $32m, which was intended for construction work on a Mexican utility. Delgado sent that money to accounts he controlled in the Turks & Caicos Islands, and later moved some of the funds back into the United States. Delgado was reportedly working as a Confidential Informant for a US law enforcement agency, after being implicated in a money laundering scheme through Mexico, when he committed the crimes included in the second indictment.  

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