San Antonio senator stands trial in fraud case
SAN ANTONIO (AP) — A Texas state senator is facing fraud charges in connection with his role at a now-defunct oil field services company that federal prosecutors say was a Ponzi scheme.
The federal criminal fraud case against Democratic Sen. Carlos Uresti of San Antonio opened Monday. The nearly dozen charges against Uresti include securities fraud, wire fraud and money laundering. His co-defendant Gary Cain faces nine felony charges and is being tried alongside the lawmaker.
Prosecutors s
Read more »