Former Pico Rivera nightclub owner sentenced for laundering drug money

"The Pico Rivera nightclub owner Edgar Fragoso, right, 38, leaving Edward Roybal Federal Building after his arraignment where he pleaded not guilty to eight counts federal indictments in downtown Los Angeles Friday, March 13, 2015. The Pico Rivera nightclub owner is accused of laundering hundreds of thousands of dollars as part of a drug trafficking ring operating in the U.S. and Mexico (Photo by Walt Mancini/Pasadena Star-News)"

“Pico Rivera nightclub owner Edgar Fragoso, right, 38, leaving Edward Roybal Federal Building after his arraignment in downtown Los Angeles Friday, March 13, 2015.  (Photo by Walt Mancini/Pasadena Star-News)”

LOS ANGELES >> The owner of nightclubs in Pico Rivera and Moreno Valley who admitted laundering drug money for foreign drug traffickers through his businesses received a two-year prison sentence on Thursday, officials said.
Edgar Fragoso, 39, of Hacienda Heights was sentenced to 24 months in custody, with one year to be served behind bars, and another year of home detention, U.S. DOJ spokesman Thom Mrozek said. U.S. District Judge George Wu also ordered Fragoso to pay a $14,000 fine and agreed to give up his liquor license.
Fragoso owned the El Rodeo nightclubs, formerly at 8825 Washington Blvd., as well as another location in Moreno Valley.
Fragoso agreed to plead guilty in August of 2015 to a single count of money laundering.
Prosecutors allege Fragoso laundered more than $35,000 from methamphetamine sales for a drug dealer operating out of Mexico, and also collected $200,000 in payments from undercover federal agents posing as members of a drug-trafficking organization, according to the indictment.
Prior to reaching a plea deal, Fragoso was initially indicted on one count of conspiracy to launder money and seven counts of money laundering. He pleaded “not guilty” to the charges at his arraignment in March of 2015.
All but the single count of money laundering was dismissed under the plea arrangement.
If convicted as charged, Fragoso could have faced up to 20 years in federal prison for each of the eight counts on which he was indicted.
The two-year sentence handed down Thursday was only a fraction of the 25 years in prison Fragoso could have faced as a maximum penalty.
The reasoning behind the sentence was unclear Friday, as the sentencing memorandum in the case had been filed under seal, Mrozek said.
fragoso2

Facebook Twitter Reddit Tumblr Linkedin Email

Owner of nightclubs in Pico Rivera, Moreno Valley agrees to plead guilty to laundering drug money

AR-150229525

LOS ANGELES >> A Hacienda Heights man accused of laundering drug money through nightclubs he owns in Pico Rivera and Moreno Valley has agreed to plead guilty to a charge that could send him to prison for 25 years, according to authorities and court documents.

"The Pico Rivera nightclub owner Edgar Fragoso, right,  38, leaving Edward Roybal Federal Building after his arraignment  where he pleaded not guilty  to eight counts federal indictments in downtown Los Angeles Friday, March 13, 2015. The Pico Rivera nightclub owner is accused of laundering hundreds of thousands of dollars as part of a drug trafficking ring operating in the U.S. and Mexico (Photo by Walt Mancini/Pasadena Star-News)"

Edgar De Dios Fragoso, 38, has agreed to enter a guilty to a single federal charge of money laundering, according to a plea agreement filed Tuesday in federal court in Los Angeles.
Under the plea arrangement, six additional counts of money laundering and one count of conspiracy are to be dismissed, according to the document.
Fragoso pleaded not guilty to the eight-count federal indictment in March.
A hearing at which Fragoso will formally change his plea was yet to be scheduled, U.S. Department of Justice spokesman Thom Mrozek said.
Fragoso is expected to receive a sentence of 25 years in federal prison, court records show.
He also agreed to forfeit his liquor license, Mrozek said.
“This brings some amount of closure to the case,” he said.
Prosecutors allege Fragoso laundered more than $35,000 in U.S. proceeds from methamphetamine sales on behalf of a drug dealer operating out of Mexico, and also collected $200,000 in payments from undercover federal agents posing as representatives of a drug-trafficking organization, according to the indictment.
Fragoso, who was arrested Feb. 23, is free on a $100,000 bond.

Facebook Twitter Reddit Tumblr Linkedin Email

Temple City graft probe detailed in grand jury transcripts


30417-tc-thumb-300x204-30416.jpg

Here’s the Temple City grand jury transcripts Part 1 (5.1 MB) and

 Part 2 (5.1 MB).

They are lengthy and detailed, but a great insight into just how sleazy local politics can become when a $75 million development is at stake.

Not only do witness tell of bribery, greed, money laundering and back rooms deals, there’s also talk of voodoo rituals performed by former mayor Judy Wong.

Read ’em and enjoy!

Facebook Twitter Reddit Tumblr Linkedin Email

The Temple City case — bribery, perjury, money laundering and drug dealing

30329-20090709_054319_WONG_JUDY_100-thumb-100x150-30328.jpg

If politics disgusts you, read no further. 

If you are interested in how a corrupt government really works, here’s an instructive timeline put together by Alfred Lee and based on a grand jury probe of shenanigans in Temple City.  
We’ve put together a special section detailing what those reports entail, it’s here.
At right — former Mayor –still councilwoman Judy Wong..
As for the timeline… which includes allegations of bribery, perjury, money laundering and drug dealing, it’s on the jump …

Continue reading

Facebook Twitter Reddit Tumblr Linkedin Email