Guatemalan police arrest ex-president wanted in US

By ASSOCIATED PRESS
January 26, 2010 22:58

 
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Police captured fugitive former President Alfonso Portillo in northern Guatemala on Tuesday, a day after US prosecutors indicted him on charges of laundering money stolen from foreign donations meant to buy children's books.



Dozens of agents raided a ranch in the to execute the arrest, Attorney General Amilcar Velasquez said.



An indictment unsealed Monday in federal court in alleges that in a four-year scheme starting in 2000, Portillo embezzled $1.5 million in donations from intended to buy school library books.



It accused Portillo of endorsing checks drawn from a New York bank and depositing them in a account; the money then was transferred to a account in the name of his ex-wife and daughter.

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