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.

Subscribe today! Click here for our subscription offers.

 

 

 


Show commenting policy

Most-Read Stories

  1. Reversing the field: Pirates continue to raid Yankees for hidden skill
  2. Former Pa. Gov. Corbett: From pension critic to collector
  3. Injuries to Penguins’ Ehrhoff, Letang force defense to pick up slack
  4. Mon Valley schools honored for commitment to music education
  5. Responsibility for sinkhole near Glassport remains uncertain
  6. Ligonier doctor’s appeal to practice rejected
  7. Steelers’ Tomlin, Pirates’ Hurdle share similar philosophy
  8. Five is enough for Penguins’ defensemen
  9. Pirates notebook: Locke the choice to be 5th starter
  10. McKeesport man: My ex-girlfriend ‘attempted to run me over’; she says he hit her and she panicked
  11. Pgh. International leader strives to inject Pittsburgh flavor into airport