SAN ANTONIO — A federal judge has denied a new trial for Texas Sen. Carlos Uresti.

Senior U.S. District Judge David Ezra denied the request Thursday morning, April 5. 

He also denied co-defendant Gary Cain's motion for an acquittal. 

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.

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Uresti's attorney says they plan on appealing.

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.