Lawyer accused of laundering money to request bail
Headline Legal News
A U.S. lawyer who faces charges of laundering more than $600 million for a Mexican drug cartel is scheduled to ask to be released on bail.
Marco Antonio Delgado will have his detention hearing Wednesday in federal court in El Paso, Texas.
Prosecutors say Delgado conspired to launder a cartel's drug profits from July 2007 through December 2008. The indictment doesn't say which cartel.
Delgado is a former Carnegie Mellon University trustee and gave a $250,000 endowment to create a scholarship named after him to assist Hispanic students.
A profile later removed from the university's website says he left his professional duties to work with Mexican president-elect Enrique Pena Nieto. Pena's team denies knowing Delgado. The university says the biographical information was submitted by Delgado.
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Chicago Business Fraud Attorney
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