6:54 am - Thursday May 17, 2012

Nicaraguan lawmaker arrested in Los Angeles

A Nicaraguan lawmaker was expected to appear in a Los Angeles courtroom Wednesday after his recent arrest on a 14-year-old warrant from Florida that accuses him of conspiracy to commit wire fraud and money laundering.

Alejandro Solorzano, his brother and four others were named in a 33-count indictment returned in February 1997 in Miami. He and the others are accused of bilking millions of dollars from Egyptian businessman Hossam Aboul Fotouh, who sought $1.2 billion in financing for construction projects, by fabricating bank guarantees.

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