State Sen. Carlos Uresti indicted on multiple fraud charges
A federal grand jury Tuesday indicted state Sen. Carlos Uresti on multiple counts of fraud, money laundering and related charges alleging that he took part in an investment Ponzi scheme involving a now-defunct oil and gas company.
A second indictment accused the San Antonio Democrat of participating in a separate 10-year bribery and kickback scheme over a medical services contract for a Reeves County jail complex.
Uresti faces up to 20 years in prison on the most serious charges, said the announcement from U.S. Attorney Richard Durbin Jr. and FBI Special Agent in Charge Christopher Combs of the San Antonio division.
An almost 20-year member of the Legislature, including a decades as a senator, Uresti was to appear before a U.S magistrate in San Antonio at 11 a.m. Wednesday — the same time the Texas Senate was scheduled to gavel into session.
Read more: http://www.mystatesman.com/news/state--regional-govt--politics/sen-carlos-uresti-indicted-multiple-fraud-charges/DA42dQRjqld7yy4ZEEf7VK/
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