Democratic Senator Faces 20 Year Prison Sentence For Fraud

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Democratic senator convicted of fraud

A Democratic state senator from San Antonio has been convicted on 11 federal counts of money laundering and wire and securities fraud.

Sen. Carlos Uresti faces up to 20 years in prison for crimes committed at a now-defunct oilfield company.

Ktxs.com reports:

The jury deliberated over two days before reaching a verdict Thursday. Several of the charges could lead to prison sentences of up to 20 years. Sentencing is scheduled for June 25.

The Democrat was not up for re-election until 2020. Uresti said after the verdict, he plans to appeal the conviction.

Federal prosecutors say FourWinds Logistics operated an illegal Ponzi scheme against its investors.

Uresti was the company’s general counsel. He also owned a small stake of company shares and earned commissions for recruiting investors.

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Having cut his teeth in the mainstream media, including stints at the BBC, Sean witnessed the corruption within the system and developed a burning desire to expose the secrets that protect the elite and allow them to continue waging war on humanity. Disturbed by the agenda of the elites and dissatisfied with the alternative media, Sean decided it was time to shake things up. Knight of Joseon (https://joseon.com)