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2 pot money laundering suspects granted bail

Published On: May 01 2014 04:44:50 PM CDT
DENVER -

Two men charged with helping launder money from Colombia to buy a marijuana grow house have been granted bail.

A federal judge on Thursday set bond for David Furtado at $75,000. Furtado pleaded not guilty.
    
Luis Uribe also had a court hearing on Thursday and bond for him was also set at $75,000. He also pleaded not guilty.
    
Both were arrested last week and charged with money laundering along with Uribe's brother, Gerardo, and Hector Diaz, a Colombian man arrested after November's marijuana raids.
    
Prosecutors allege that Furtado and Diaz set up a company called Colorado West Metals. Together, the group allegedly worked to transfer money from a Colombian bank to an account for the metal company, eventually using the money to buy a building to grow and distribute marijuana.

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