TribLIVE

| News


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Judge determines former CMU trustee to be a flight risk

Daily Photo Galleries

Wednesday, Jan. 16, 2013, 7:34 p.m.
 

Marco Delgado, a former Carnegie Mellon University trustee arrested in Texas and charged with helping a Mexican drug cartel launder more than half a billion dollars, will remain in jail without bond, pending trial.

Ruling from U.S. District Court in El Paso, Texas, senior federal Judge David Briones rejected Delgado's bid for freedom. He noted that Delgado faces a lengthy prison sentence and up to $1 million in fines if convicted and has “the means, the contacts and a motive to flee.”

In his ruling, Briones said testimony from cooperating witnesses suggested Delgado, a Texas lawyer, has access to a bank account in Mexico containing $32 million, had received a $500,000 wire from a Swiss bank account and once told a cooperating witness he would flee to the Turks and Caicos Islands if he ever was arrested.

Delgado, who earned a master's degree from CMU in 1990 and went on to endow a fellowship for Hispanic graduate students, served on the CMU board until last year. He was enrolled in an international CMU graduate program in wealth management when he was arrested Nov. 2.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. Flyers continue mastery of Penguins at Consol
  2. Starkey: Century mark beckons for Ben
  3. Pitt offense eyes healthy balance
  4. Wanted sex offender caught hiding in homemade fort in Washington County
  5. County explores state of Mon Valley area health
  6. Steelers’ defense on pace for fewest sacks in 16-game season
  7. Pair of Operation Pork Chop trials delayed
  8. 7 McKeesport letter carriers earn Million Mile status
  9. Buffalo Township grandma pleads guilty to selling hundreds of pounds of weed
  10. Officials identify witness to Port Authority bus crash after releasing photo
  11. Canadians more fearful, aware after ‘very rare’ attack in Ottawa
Subscribe today! Click here for our subscription offers.