Ex-officials charged with laundering drug money
Published
Nov. 25, 2009 4:01 p.m. ET
foxsports
Eleven former officials of Colombian football club Deportivo Independiente Medellin were charged Tuesday with using it to launder drug money.
Among those charged were Rodrigo Tamayo, club president in 1998-2000 and 2004, Tayamo's wife, Dolly Cardenas, and two other former club presidents, Mario de J. Valderrama and Luis Fernando Jimenez. Conviction carries a prison term of six to 15 years.
Juan Bautista Avalos Salgar, the club's former auditor, estimated Tamayo laundered $4.6 million during his terms as president.
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