Thursday, January 25, 2007
Sentencing for Others Nears
Journal Staff Report
Former New Mexico State Treasurer Michael Montoya, who entered a guilty plea to a count of extortion in November 2005, is set for sentencing March 8 before Senior U.S. District Judge James A. Parker.
In his plea agreement, Montoya detailed how he set up the kickbacks almost from the day he took office. "I discovered it was quite easy to get bribes from people who wanted to keep or to obtain business with the State Treasurer's office," Montoya's plea says. Montoya stipulated that the total amount of payments he and others involved in the kickback scheme received was $2.5 million to $5 million.
Former California broker Kent Nelson, who made payments to Montoya and Vigil, is scheduled for sentencing Feb. 22 for mail fraud.
Angelo Garcia, the middleman who routed money from Nelson to Montoya and Vigil, is to be sentenced March 1. He pleaded guilty to attempting to affect interstate commerce by extorting $354,000.
Garcia and Montoya testified against Vigil at trial.