Fabio Lobo, Son of Former Honduras President, Pleads Guilty in US Court for Conspiring to Import Cocaine

By Denisse Moreno, Epoch Times
May 16, 2016 6:16 pm Last Updated: May 16, 2016 6:16 pm

Fabio Porfirio Lobo, the son of a former Honduras president, pleaded guilty in a Manhattan federal court for conspiring to import cocaine into the United States, officials said on May 16.

U.S. Attorney for the Southern District of New York, Preet Bharara, made the announcement.

Lobo is the son of former president Porfirio Lobo, who was in office between 2010 to 2014.

Lobo, 44, was arrested in Haiti on May 20, 2015. He admitted in front of U.S. District Judge Lorna G. Schofield that he conspired to import thousands of kilograms of cocaine into the United States.

“Whether you are a street-level dealer, a member of a cartel, or the son of a former foreign president, drug dealing is drug dealing,” said Bharara.

“It is a serious federal crime for which you will be prosecuted,” he added.

Lobo allegedly assisted two Mexican drug traffickers in 2014, who were actually confidential sources acting at the direction of the Drug Enforcement Administration (DEA), with the shipping of a multi-ton load of cocaine through Honduras to the United States.

For Lobo’s assistance, he wanted in exchange a part of the money that would be made when the contraband was sold and distributed in the United States.

Lobo was also caught introducing the DEA sources to Honduran police officials who agreed to participate in the drug operation.

Recorded calls and emails between Lobo and the DEA sources show that Lobo agreed to travel to Haiti for the purpose of receiving payment from the proceeds of the cocaine transaction, court documents say. He went to Haiti last year, which was when he was apprehended by authorities.

Bharara’s office says Lobo may face a maximum of life in prison, or a mandatory minimum of 10 years behind bars.

Lobo is scheduled to be sentenced on September 15, 2016.