WILL EL PASO LAWYER SERVING 20 YEARS FOR MONEY LAUNDERING PLEAD OUT IN PENDING $32m CASE ?

Convicted money launderer, prominent El Paso attorney Marco Delgado, was scheduled to have oral argument heard on the appeal of his conviction and twenty year sentence yesterday. Delgado has a second money laundering case, which was set for trial this month, but it has been reset for June.

In the second case, Delgado diverted $32m, which was intended for a Mexican public works project, into accounts in his control, located in the Turks & Caicos Islands, and later moved some of those funds back into the United States. He may be negotiating a plea in the second case. The first case received a large amount of attention, due to the fact that Delgado was acting as a confidential informant when he committed the money laundering crimes that resulted in the twenty year sentence.