Honduran politician pleads guilty to U.S. money laundering charge
JULY 26, 2017 / 2:57 PM / 4 HOURS AGO
Honduran politician pleads guilty to U.S. money laundering charge
Brendan Pierson
NEW YORK (Reuters) - A member of a prominent Honduran family who once served in the nation's cabinet on Wednesday pleaded guilty to a U.S. money laundering charge.
Yani Rosenthal, admitted in Manhattan federal court that, while serving as vice president of a meatpacking business owned by the family's Grupo Continental conglomerate, he "knowingly" authorized purchases of cattle from a business that helped fund the Cachiros, a drug trafficking ring.
Rosenthal, 52, further admitted that the meatpacking company exported beef from those cattle to the United States.
Rosenthal was charged in October 2015 along with his father, Jaime Rosenthal, a former vice president of Honduras, his cousin, Yankel Rosenthal, a former minister of investment under current Honduran President Juan Orlando Hernandez; and Andres Acosta Garcia, a lawyer for Grupo Continental.
More:
http://www.reuters.com/article/us-usa-honduras-moneylaundering-idUSKBN1AB2RD?rpc=401&
LBN:
https://www.democraticunderground.com/10141830499