Skip to main content

Former Paraguayan Congresswoman Admits Role in International Money Laundering Conspiracy

A former member of Paraguay’s Congress and her husband have admitted their roles in an international money laundering conspiracy, U.S. Attorney Craig Carpenito announced today.

According to officials, Raimundo Va, 45, pleaded guilty today to an information charging him with one count of conspiracy to commit money laundering.

His wife, Cynthia Elizabeth Tarrago Diaz, 41, pleaded guilty on September 15, to an information charging her with conspiracy to commit money laundering.

Federal officials report that on November 21, 2019, Tarrago and Va were arrested by the FBI after they arrived in Newark as part of their unlawful money laundering activities, and were charged in a criminal complaint along with a third individual, Rodrigo Alvarenga Paredes, who remains at large in Paraguay.

According to documents filed in this case and statements made in court:

Until January 2019, Tarrago was a member of Paraguay’s Congress, and in late 2019 had publicly announced her intention to run for mayor of the capital district of Asunción.

While in office, Tarrago and her husband, Va, agreed to accept at least $2 million in United States currency from two individuals who represented themselves to be narcotics traffickers, believing the money to be proceeds of unlawful narcotics trafficking and to launder the funds through an international network of accounts in order to disguise the unlawful source of the proceeds.

Tarrago and Va traveled to New Jersey and Florida on multiple occasions and accepted approximately $800,000 in United States currency from the purported drug traffickers, and caused those funds to be laundered through the conspiracy’s network of accounts, and ultimately transferred back to an account maintained by the purported drug traffickers.

To disguise the illicit source of the funds, members of the conspiracy generated fraudulent invoices that stated legitimate business reasons for the transfers of laundered funds to the purported drug traffickers’ account.

Moreover, on multiple occasions during the purported drug dealers’ meetings with Tarrago and Va, Tarrago indicated that she would be able to assist the purported drug dealers with procuring large quantities of cocaine from Paraguay at an inexpensive price.

Unbeknownst to Tarrago and Va, the currency that they accepted from the purported drug traffickers and caused to be laundered was not actually illicit drug proceeds. Rather, those funds were provided to Tarrago and Va by two undercover FBI agents as part of an extensive investigation of the money laundering network.

During the investigation, the undercover agents met with Tarrago and Va in the United States on numerous occasions and obtained substantial video and audio recordings of their interactions with Tarrago and Va, during which details of the money laundering network were discussed.

The evidence obtained during the investigation revealed that Alvarenga Paredes, operating through the auspices of a money-exchange company in Paraguay, coordinated the laundering of the funds that the undercover agents provided to Tarrago and Va.

The money laundering conspiracy counts against Tarrago and Va carry a statutory maximum potential penalty of 20 years in prison, and a maximum fine of the greater of $500,000 or twice the value of the funds involved in the conspiracy. Sentencing for both defendants is scheduled for January 21, 2021. The investigation is continuing.

The charges and allegations against Alvarenga Paredes contained in the complaint are merely accusations, and he is presumed innocent unless and until proven guilty.

1,000