Texas state senator Uresti indicted on multiple felonies
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May 17, 2017
AUSTIN, Texas (AP) — A federal grand jury in San Antonio has issued multiple felony fraud charges against a Texas state senator from a border district.
Sen. Carlos Uresti, a Democrat from San Antonio, was charged Tuesday with bribery, wire fraud, conspiracy to commit money laundering and securities fraud. If convicted, Uresti could face up to 20 years in prison on several of the charges.
Federal officials say Uresti is expected to be arraigned Wednesday in a San Antonio court.
The indictments accuse Uresti of engaging in an investment Ponzi scheme to market hydraulic fracturing sand for oil pr...
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