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El Rodeo Owner Pleads Not Guilty to Money Laundering

By Brian Hews

Edgar De Dios Fragoso, 38, accused of laundering hundreds of thousands of dollars through his nightclub El Rodeo, went to federal court in Los Angeles and entered a plea of not guilty.

HMG-CN was first to report on the raid and arrest of El Rodeo and Fragoso and first to attain the criminal complaint.

The online story garnered over 125,000 hits and over 21,000 Facebook likes.

“Mr. Fragoso has denied the allegations in this eight-count indictment,” said his attorney Manny Medrano

Fragoso did not comment.

The U.S. Attorney’s office had no comment outside the information included in the criminal complaint.

Fragoso is charged with seven counts of money laundering and one count of conspiracy to launder money.

He is out of custody on a $100,000 bond.

The trial is scheduled to begin on April 14.

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