SAN ANTONIO — Two months after he was convicted in federal court on fraud and money laundering charges, the state bar placed Texas state Sen. Carlos Uresti on a list of ineligible attorneys.
The State Bar of Texas lists disciplinary sanctions as the reason for the April action.
The senator's downtown San Antonio law office was raided by the FBI in February of 2016. Three months later he was indicted by a federal grand jury for conspiracy.
Back in February, Uresti was found guilty on 11 counts of fraud in what prosecutors called a Ponzi scheme tied to a now defunct oil and gas company named FourWinds. Earlier this month, Uresti requested a new trial, but senior U.S. District Judge David Ezra denied that request.
Uresti was FourWind's outside general counsel and a 1 percent owner. He also recruited investors. He is facing possibly years in federal prison and millions in restitution when he is sentenced June 28.