A federal jury has found state Sen. Carlos Uresti, a San Antonio lawyer, guilty on 11 felony fraud-related counts including steering his clients to invest in a hydraulic fracking business that turned out to be a Ponzi scheme.

Uresti, a Democrat, was found guilty of wire fraud, conspiracy to commit money laundering and securities fraud violations by helping develop and solicit investors for a now-defunct oilfield company called FourWinds Logistics where he served as general counsel.

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