A federal judge has sentenced an El Paso attorney to 10 years in prison in connection with a money laundering scheme in which he diverted millions of funds meant for a Mexican power plant and used the money to buy homes for his own personal use.
Last year, a federal jury found Marco Antonio Delgado guilty on several counts of wire fraud and money laundering. According to his indictment, Delgado acted as the legal representative of FGG Enterprises in 2010 when the company signed a $121 million contract with a Mexican-owned utility company for the installation of new power turbines for a power plant located in Agua Prieta, Mexico.
