SAN ANTONIO – Sen. Carlos Uresti's criminal fraud trial begins on Monday with opening statements in a U.S. District Court in San Antonio.
Uresti and a co-defendant, Gary Cain, are charged with money laundering, wire fraud and securities fraud in connection with now-bankrupt Four Winds Logistics, a sand fracking company.
A third defendant, Stan Bates, pleaded guilty earlier this month to eight felony counts.
The trio is accused of using the company as a Ponzi scheme to get people to invest in the company, but instead pocketing the money.
The trial is expected to last a few weeks. Uresti, 54, is facing years in prison and millions of dollars in fines. KSAT's Dillon Collier is at the courthouse and will give updates as they become available.
A jury was seated Thursday in the case. Ninety potential jurors were seated as the process began to whittle the group down to the final 16.
One-tenth of potential jurors said in court that Uresti should be held to a higher standard because he is a politician and that his position as a state senator will likely influence their decision in this case.