Puerto Rico businessman accused of laundering $7M

AP News
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Posted: Sep 02, 2011 3:30 PM
Puerto Rico businessman accused of laundering $7M

The president of a Puerto Rico trucking corporation has been arrested following accusations that he laundered more than $7 million in drug proceeds.

The U.S. Attorney's Office said Friday that Raymar Lucena Rivera has been indicted on two counts of drug trafficking and seven counts of money laundering. Authorities said they are seeking forfeiture of his house, a restaurant, a 50-foot (15-meter) yacht and several cars, including a Porsche Cayenne. They have already seized more than $2 million.

U.S. Attorney Rosa Emilia Rodriguez said Lucena was arrested while coordinating the final payment for 200 kilograms (441 pounds) of cocaine from Colombia.

It was not clear if he had an attorney.