One of the extradited directors of Colombian pyramid scheme DMG is willing to accept money laundering charges in exchange for a lower sentence.
The lawyers of William Suarez, currently awaiting trial in New York, wrote a letter saying that their client is willing to accept guilt as part of a plea bargain, Caracol Radio reported on Tuesday.
“Mr. William Suarez has taken the decision to plea guilty and we are waiting for this to be processed. Maybe this will lower his sentence and can lead to a quicker handling of his case,” the radio station quoted Suarez’ defense attorney Miguel Angel Ramirez as saying.
U.S. authorities accuse the former DMG executive of laundering more than $18 million for Colombian drug traffickers.