'Real-estate guru' convicted in tax evasion

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PHOENIX (AP) -- A self-described graduate from the "new school of self-made moguls" has been convicted of money laundering and related crimes after earlier pleading guilty to tax evasion charges.

Phoenix real-estate investor Tanya Maria Marchiol pleaded guilty Oct. 27 to three counts of a seven-count federal indictment but went to trial on the remaining charges.

A U.S. District Court jury convicted her Tuesday of the money laundering and related charges.

Marchiol, the founder and former CEO of Team Investments, once billed herself as a "real-estate guru" with a celebrity client base and a long list of media appearances.

The indictment stemmed from Marchiol's involvement in the 2008 purchase of a Phoenix house. The indictment said she that it was purchased by drug traffickers.

Judge Susan Bolton scheduled Marchiol's sentencing for Feb. 9.

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