Honduran politician sentenced to three years in U.S. for money laundering
Source: Reuters
#U.S. DECEMBER 15, 2017 / 6:34 PM / UPDATED 25 MINUTES AGO
Honduran politician sentenced to three years in U.S. for money laundering
Brendan Pierson
3 MIN READ
NEW YORK (Reuters) - A member of a prominent Honduran family who once served in the nations cabinet was sentenced to three years in prison on Friday after he pleaded guilty to a U.S. money laundering charge.
Yani Rosenthal, 52, was sentenced by U.S. District Judge John Koeltl in Manhattan federal court. He declined Koeltls offer to speak in court after the sentenced was announced.
Rosenthal pleaded guilty before Koeltl in July. At his plea hearing, he admitted that, while serving as vice president of a meatpacking business owned by the familys Grupo Continental conglomerate, he knowingly authorized purchases of cattle from a business that helped fund the Cachiros, a drug trafficking ring.
Rosenthal further admitted that the meatpacking company exported beef from those cattle to the United States.
As part of the plea, he agreed to pay a fine of $2.5 million.
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https://www.reuters.com/article/us-usa-honduras-moneylaundering/honduran-politician-sentenced-to-three-years-in-u-s-for-money-laundering-idUSKBN1E92Z4