Posted: Tuesday, January 9, 2018 10:40 am | Updated: 11:12 am, Tue Jan 9, 2018.
SAN ANTONIO (AP) — The former chief executive of a failed oil field services company has pleaded guilty to securities fraud and other charges in a federal case that includes a Texas state senator as a defendant.
Stan Bates, who was CEO of defunct FourWinds Logistics, entered his plea Monday in federal court in San Antonio. He's scheduled to be sentenced in April and faces decades in prison.
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A list of the top sports stories of 2017
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