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Former Honduran minister admits to laundering drug money

Thursday, August 31, 2017


A former minister and member of one of the richest families in Honduras has pleaded guilty in a US court to laundering money for the once-powerful Cachiros drug trafficking group.

Yankel Rosenthal admitted to having helped drug traffickers launder money "through the purchase of US real estate, political contributions in Honduras, and even investment in a professional soccer team," according to an August 29 US Justice Department press release. The Rosenthal family lawyer Andres Acosta Garcia previously pleaded guilty to similar crimes, the press release states.

Source: Insight Crime