The Premiere Website For Police News In Texas

          



 

Federal Grand Jury Indicts State Senator Carolos Uresti
US Attorney, San Antonio
   
 
More Today's News:
ߦ   A Top Lawyer Has Asked The Supreme Court To Hear A Major Death Penalty Case
ߦ   KidsAndCars.org and The Center for Auto Safety Sue Department of Transportation to Issue Overdue Rule on Rear Safety Belt Reminders
ߦ   Animal Shelter Free Adoption Event
ߦ   Canadian man charged with production of child pornography after meeting teen at Rocky River park
ߦ   DPS Offers Increased Reward, Seeks Leads in 1988 Cameron County Murder
ߦ   Ex tech employee arrested by FBI selling top secret DEA access codes
ߦ   Fort Worth Man Sentenced to 235 Months in Federal Prison for Distributing Methamphetamine
ߦ   Justice Department Sues Glendale, AZ, For Violating Employment Rights of Arizona Air National Guard Member
ߦ   Members of Clique of MS-13 Arrested and Charged
ߦ   Stephenville Man Sentenced to 40 Years in Federal Prison for Enticing a Minor Female to Engage in Sexual Activity
ߦ   Teen Burglars Arrested
ߦ   Suspect in Galveston “Road Rage” Shooting Commits Suicide
ߦ   La Marque Police Entrance Exam
ߦ   Amber Alert issued for 13-year-old girl last seen in Donna
ߦ   Arrest Made in May 28th Homicide
ߦ   Bill Sargent Announces Candidacy For Congress
ߦ   Burnet County Sheriff's Office - Inmate/Arrests Summary
ߦ   Deputy Shot After Man Pulls Gun On Group Of Off-Duty Officers Outside Of Metallica Concert
ߦ   Edinburg police find trailer full of undocumented immigrants, reports say
ߦ   Kemah CPAAA Ice Cream Social Today
ߦ   Lamar & Red River County Crime Stoppers is putting Crime to Bed
ߦ   Paris Police Dept - Weekend Arrests/Activity Summary
ߦ   Pearalnd Police Bulletin 08/07/2017-08/13/2017
ߦ   Three Injured In La Porte Shooting
ߦ   What to expect from Corpus Christi Police Department's stealth cars
ߦ   SUBSCRIBE To Texas Police News
ߦ   Employment
ߦ   Police News - Calendar of Events
ߦ   Arrogant Illegal Brags About Voting 5 Times For Hillary Sees the Judge – Her Sentence Is Devastating! [VIDEO]
ߦ   Coast Guard ends search for swimmers
ߦ   Eighth Circuit Court Rules That Citizens Have No Right To Record Police In Public
ߦ   Five Plead Guilty in Multi-State Dog Fighting Prosecution
ߦ   Police Searching For Gunman In Galveston Shooting
ߦ   Recommended Reading
ߦ   Reunion For "Pinkie" The Stolen Dog

   Next >>
 
Search Archives:
FOR IMMEDIATE RELEASE
PAO DARYL FIELDS
TUESDAY, MAY 16, 2017



 FEDERAL GRAND JURY INDICTS TEXAS STATE SENATOR CARLOS URESTI


 In San Antonio today, a federal grand jury returned two separate indictments against District 19 Texas State Senator Carlos I. Uresti announced United States Attorney Richard L. Durbin, Jr., and Federal Bureau of Investigation (FBI) Special Agent in Charge Christopher Combs, San Antonio Division.  Three other individuals were also charged by the grand jury.

This indictment charges Uresti, age 53, of San Antonio, Four Winds Chief Executive Officer Stanley P. Bates, age 45, of San Antonio, and Four Winds consultant Gary L. Cain, age 60, of San Antonio, with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering.  The indictment also charges Uresti with five substantive counts of wire fraud, two counts of securities fraud; one count of engaging in monetary transactions with property derived from specified unlawful activity; and, one count of being an unregistered securities broker.  The indictment also charges Bates with one count of wire fraud; two counts of securities fraud; and, three counts of engaging in monetary transactions with property derived from specified unlawful activity.  The indictment also charges Cain with seven counts of engaging in monetary transactions with property derived from specified unlawful activity.
 
The indictment alleges that the defendants developed an investment Ponzi scheme to market hydraulic fracturing (fracking) sand for oil production.  It further alleges that the defendants made false statements and representations to solicit investors in Four Winds.  The defendants allegedly used funds from more recent investors to pay earlier investors and for personal expenses.
 
For each fraud related charge, the defendants face up to 20 years in federal prison upon conviction.  For each money laundering charge, the defendants face up to ten years in federal prison upon conviction.  Uresti faces up to 20 years in federal prison upon conviction of being an unregistered securities broker.
 
REEVES COUNTY INDICTMENT
 
This indictment charges Uresti and 44–year-old Vernon C. Farthing, III, of Lubbock, TX, with one count of conspiracy to commit bribery and one count of conspiracy to commit money laundering.
 
The indictment alleges that from January 2006 to September 2016, the defendants conspired with others to pay and accept bribes in order to secure a Reeves County Correctional Center medical services contract for Farthing’s company.  The indictment specifically alleges that Farthing paid Uresti $10,000 a month as a marketing consultant and that half of that sum was then given to a Reeves County official for his support and vote to award the contract to Farthing’s company.

Upon conviction of the charges contained in this indictment, the defendants face up to five years in federal prison for conspiracy to commit bribery and up to 20 years in federal prison for conspiracy to commit money laundering.
 
It is anticipated that initial appearances for Uresti, Bates and Cain will be tomorrow at 11:00am before United States Magistrate Judge Henry Bemporad in San Antonio.  Farthing’s initial appearance is expected to occur at 11:00am on Thursday in front of Judge Bemporad.   
 
The FBI’s Pubic Corruption Task Force is conducting this investigation. The Task Force is comprised of investigators from the FBI, Internal Revenue Service-Criminal Investigation (IRS-CI), Texas Department of Public Safety (DPS) and the Peace Corps-Office of Inspector General.  Assistant United States Attorneys Joseph E. Blackwell, William R. Harris and Mark Roomberg are prosecuting this case on behalf of the Government.     
 It is important to note that an indictment is merely a charge and should not be considered as evidence of guilt.  The defendants are presumed innocent until proven guilty in a court of law.
 #####
Post a comment
Name/Nickname:
(required)
Email Address: (must be a valid address)
(will not be published or shared)
Comments: (plain text only)
Printer Friendly Format  Printer Friendly Format    Send to a Friend  Send to a Friend    RSS Feed  RSS Feed
  Facebook   Share link on Twitter Tweet  


© 1999-2017 The Police News. All rights reserved.