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Monday, August 2, 2021
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Plaza Pública

Guatemala ex-President Alfonso Portillo pleads guilty to money laundering conspiracy charges in New York

Alfonso Portillo, the former president of Guatemala, pleaded guilty in New York on Tuesday to conspiring to launder $2.5 million of public funds through a bank account in Miami, Florida. By entering the guilty plea and agreeing to repay to the United States $2.5 million, which he received in bribes from Taiwan, he hopes to avoid a maximum sentence of 20 years.

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