According to the U.S. Attorney’s Office, Western District of Texas a federal grand jury in Midland, Texas, returned an indictment charging a Keller, Texas, man with operating a Ponzi scheme.
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Bates Seeks to Appeal His Sentence for Ponzi Scheme
Stan Bates, imprisoned for masterminding a Ponzi scheme that also took down former state Sen. Carlos Uresti, wants the U.S. Supreme Court to review his 15-year prison sentence, according to the San Antonio Express News.
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