{"id":12817,"date":"2017-05-16T18:01:20","date_gmt":"2017-05-16T23:01:20","guid":{"rendered":"http:\/\/johntedesco.net\/blog\/?p=12817"},"modified":"2024-12-23T14:57:01","modified_gmt":"2024-12-23T19:57:01","slug":"why-is-state-sen-carlos-uresti-facing-federal-charges-this-news-story-had-the-answers-months-ago","status":"publish","type":"post","link":"https:\/\/johntedesco.net\/blog\/2017\/05\/16\/why-is-state-sen-carlos-uresti-facing-federal-charges-this-news-story-had-the-answers-months-ago\/","title":{"rendered":"Why is state Sen. Carlos Uresti facing charges? This news story had the answers months ago"},"content":{"rendered":"\n

In a move that probably surprised no one who’s been reading the stellar investigative reporting of San Antonio Express-News business writer Patrick Danner, a federal grand jury issued indictments today<\/a> against state Sen. Carlos Uresti, D-San Antonio, and others in a criminal case that accuses them of bribery and orchestrating a Ponzi scheme.<\/p>\n\n\n\n

It was Danner who revealed last summer that Uresti was entangled in a bizarre saga<\/a>.<\/p>\n\n\n

\n
\"Patrick<\/figure>\n<\/div>\n\n\n

<\/p>\n\n\n\n

Here’s the lede:<\/p>\n\n\n\n

\n

About 10 months after a legal team including state Sen. Carlos Uresti secured a substantial settlement for Denise Cantu in a wrongful-death lawsuit, she invested $900,000 \u2014 the bulk of the proceeds \u2014 with a San Antonio frac-sand company that was paying the senator commissions for attracting investors.<\/p>\n\n\n\n

Uresti helped represent the Harlingen woman in the case after the rear tire on her Ford Explorer blew out, causing the SUV to veer into a grassy median, roll over and kill her 13-year-old daughter, 4-year-old son and two friends in August 2010.<\/p>\n\n\n\n

Now, most of Cantu\u2019s money is gone, along with at least $5 million the frac-sand company, FourWinds Logistics, raised from three other investors, a filing in federal bankruptcy court here shows. Total claims against the company exceed $14 million, another document states.<\/p>\n<\/blockquote>\n\n\n\n

It was a blockbuster story Danner discovered while covering the daily grind of bankruptcy court proceedings. Danner told me that he had been planning on writing a story<\/a> about failed oil companies in the Eagle Ford Shale. But he stumbled across a much bigger story about Uresti while attending a bankruptcy hearing involving FourWinds<\/a>.<\/p>\n\n\n\n

Uresti hasn’t been convicted of a crime. But if you’re looking for a primer on the case and a shining example of the value of investigative reporting, check out the entire story. It’s worth it.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a move that probably surprised no one who’s been reading the stellar investigative reporting of San Antonio Express-News business writer Patrick Danner, a federal grand jury issued indictments today against state Sen. Carlos Uresti, D-San Antonio, and others in a criminal case that accuses them of bribery and orchestrating a Ponzi scheme. It was … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":12026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"generate_page_header":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[760,737,451,587],"class_list":["post-12817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-express-news-stories","tag-carlos-uresti","tag-patrick-danner","tag-san-antonio-express-news","tag-watchdog-journalism","infinite-scroll-item","masonry-post","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"\nWhy is state Sen. Carlos Uresti facing charges? 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