Marcos Daniel Jiménez, United States Attorney for the Southern District of Florida; Hector M. Pesquera, Special Agent in Charge, Federal Bureau of Investigation, Miami Field Office; and Thomas W. Raffanello, Special Agent in Charge, Drug Enforcement Administration, announced the conviction of Jose Fernandez by a jury in Miami following a four-week trial before United States District Judge Ursula Ungaro-Benages. The jury convicted Fernandez on all counts charged, which were one count of conspiracy to launder drug proceeds, one count of conspiracy to obstruct justice, and six counts of perjury. Fernandez has been in custody since his arrest in April 2002. Based upon the jury’s guilty verdicts, Fernandez faces a maximum term of imprisonment of 55 years.
This case arises out of a twenty-year long obstruction of justice and money laundering conspiracy involving associates of
In the late 1980s, Fernandez also assisted Magluta in hiding real estate holdings in the names of nominees. After the