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. Federal appeals court deals blow to Affordable Care Act
  2. PNC Park concert prompts officials to make changes
  3. Judge sets trial to determine August Wilson Center’s future
  4. Pa. auditor cites flaws in gas drilling regulation
  5. Castle Shannon mayor honored by statewide association
  6. McCandless residents voice opposition to Wal-Mart plan
  7. Rossi: Liriano no ace, but he’s Bucs’ key
  8. ‘Last of the downtown mansions’ demolished in McKeesport
  9. Squirrel Hill street that had been paved getting another pave job
  10. UPMC McKeesport president reiterates hospital will remain open
  11. 1 intruder killed, another injured in Carrick home invasion
Subscribe today! Click here for our subscription offers.