Four men, including a Denver attorney, have been indicted in Federal court and are accused of funneling hundreds of thousands of dollars from Colombia to Colorado medical marijuana operations.
DENVER - Four men, including a Denver attorney, have been indicted in Federal court and are accused of funneling hundreds of thousands of dollars from Colombia to Colorado medical marijuana operations.
The indictments relate to the November medical cannabis raids in which DEA agents seized evidence from area marijuana shops and warehouses.
Search warrants in the case remain sealed while charges were revealed in court Monday afternoon after two men were arrested on Friday.
David Furtado, 48, is accused of using his law firm's account to acquire a marijuana warehouse with funds wired from Colombia. The location of the warehouse was at 5200 East Smith Road, according to investigators.
Sources close to the investigation have told 9Wants to Know the case involves Colombian drug cartels.
Furtado is accused of conspiring with Colombian brothers Luis and Gerardo Uribe to launder Colombian funds wired to Colorado.
Court documents accuse the Uribe brothers of running VIP Cannabis while money was being laundered and used to grow marijuana.
Luis Uribe, 28, appeared in custody in court on Monday afternoon with Furtado. Gerardo Uribe, 33, is considered a fugitive.
A fourth defendant, Hector Diaz, is also accused of conspiring with Furtado and the Uribe brothers in the alleged money laundering scheme. Diaz was arrested in November and has been free on bond while he's also been indicted on gun charges and for lying on his visa.
A company named Colorado West Metal, LLC, was set up by the group to make a purchase of the warehouse on Smith Road, according to investigators.
From the US Attorney's Office:
"The superseding indictment also alleges that Diaz, Furtado and Gerardo Uribe did transfer $424,000 using wire transfers from the Banco Bilbao Vizcaya Argenteria (BVVA) in the Republic of Colombia to the Colorado West Metal, LLC Wells Fargo account with the intent to cultivate, manufacture and distribute marijuana. Also, Furtado did two wire transfers, one for $100,000 and a second for $20,000 from the Banco de Occidente, in the Republic of Colombia, to his attorney trust account with Wells Fargo in Colorado, with the intent to promote the cultivation, manufacture and distribution of marijuana."
The three defendants who have been arrested are expected to appear in court Wednesday for a detention hearing.
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