Tuesday, October 3, 2017

Judge Denies Senator Uresti's Request to Dismiss One of His 22 Charges

Posted By on Tue, Oct 3, 2017 at 1:37 PM

Texas State Senator Carlos Uresti - ALEX ZIELINSKI
  • Alex Zielinski
  • Texas State Senator Carlos Uresti

Texas State Senator Carlos Uresti’s attempt to dismiss one of the 22 charges against him — specifically the charge that alleges he acted as an unregistered securities broker— was rejected by a federal judge on Monday, according to the San Antonio Express-News.

Uresti, along with three others, is facing multiple counts of wire fraud, money laundering and securities fraud for his alleged involvement in FourWinds, a San Antonio oil-field services company that went bankrupt in 2015, and which prosecutors have called an “investment Ponzi scheme.”

Tab Turner, Uresti's newest lawyer, argued that prosecutors hadn’t provided enough evidence to charge Uresti for acting as an unregistered securities broker, asking U.S. District Judge David Alan Ezra to drop the single charge, according to the Express-News. The request was denied.

Uresti’s trial for his involvement in FourWinds is scheduled to begin on October 23, 2017.

Uresti is also facing a second indictment, which accuses him of “conspiracy to commit bribery” and “conspiracy to commit money laundering” for his involvement in securing a private prison contract at a West Texas detention center. He’s expected to go to trial for that indictment in 2018.

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