Former Carnegie Mellon trustee accused of laundering money for Mexican drug cartel
Federal authorities accuse a former Carnegie Mellon University trustee of conspiring to launder hundreds of millions of dollars for a Mexican drug cartel.
Marco Antonio Delgado, 46, an El Paso attorney who graduated from CMU with a master's degree in public policy and management in 1990, was jailed without bond when authorities arrested him Friday in El Paso, court records show.
Delgado, the founder and managing partner of Delgado and Associates P.C. in El Paso was arraigned in federal court there on Monday. He is scheduled to appear before U.S. District Magistrate Judge Norbert Garney on Thursday morning for a bond hearing.
According to court records, a federal grand jury handed down a sealed indictment against Delgado in September. The recently unsealed indictment does not detail specifics of the alleged money laundering scheme or its participants, but an ABC affiliate in El Paso reported Delgado is accused of laundering more than $500 million for the Milenio cartel.
Delgado's lawyer, Jose Montes, did not immediately return a call for comment.
A biography that had been carried on CMU's website identified Delgado as a principal in Delgado and Associates and director and CEO of Power Solutions of North America. It says Delgado took a leave of absence at the beginning of 2012 to join Enrique Pena Nieto's successful campaign for president of Mexico and is assisting as a member of Nieto's transition team.
CMU records show Delgado endowed a fellowship in public policy and management for Hispanic graduate students in 2003.
Although Delgado was appointed to the board in 2006 and is listed as a trustee on the university's 2012-13 course catalogue, a CMU spokesman said Delgado left in June. Sometime between last Friday and Tuesday, his biography was removed from the university's Heinz College website.
“He is no longer a member of the board. We have no further comment,” CMU spokesman Ken Walters said in an email.
Debra Erdley is a staff writer for Trib Total Media. She can be reached at 412-320-7996 or email@example.com.