Fabio Lobo Sentenced to 24 years, fined $50,000

Fabio Lobo was sentenced yesterday to 24 years in a federal prison, fined $50,000, and agreed to forfeit a further $267,000 for conspiring to bring cocaine into the United States.  Fabio Lobo is the son of ex-Honduran President Porfirio Lobo Sosa.

Acting US Attorney Joon H. Kim stated that Fabio Lobo had sought out drug traffickers with offers of assistance with the intention of enriching himself.  He continued:

"Lobo used his father's position and his own connections to bring drug traffickers together with corrupt police and government officials."

During the trail testimony was offered that among those corrupt officials was the current Minister of Security, Julian Pacheco Tinoco, and his own father, then President Porfirio Lobo Sosa.  The DEA alleges that Los Chachiros paid over $500,000 in bribes to then President Porfirio Lobo Sosa to avoid extradition to the United States and to avoid investigation by Honduran police.

Lobo, whose lawyer says he will file an appeal of the sentence as "overly harsh", will serve his sentence in a Federal prison near Orlando,  Florida, to facilitate access by his family.