A 73-year-old University of Miami professor who is an expert on money laundering is scheduled to plead guilty for trying to hide $3-million in proceeds from a corruption scheme.
Bruce Bagley was arrested in November on three counts of money laundering.
Authorities said the charges arose from deposits he received from bank accounts that allegedly contained the stolen proceeds from a Venezuelan public housing project.
Bagley, an international studies professor, is co-author of “Drug Trafficking, Organized Crime and Violence in the Americas Today,” published in 2015, among other books.
He has testified before Congress, as an expert in court and been interviewed by numerous news organizations.