Feds indict North Texans of wire fraud, accepting kickbacks

The Eastern District of Texas announced several indictments last week. The included a North Texas financial advisor who has been accused of wire fraud and another individual accused of violating anti-kickback statutes.

The Eastern District of Texas provided information on both indictments in separate news releases that were sent last week. A grand jury indictment is not evidence of guilt. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

Keith Todd Ashley, 48, of Allen, was named in an indictment returned by a federal grand jury in Sherman, Texas on Nov. 12, 2020, charging him with six counts of wire fraud, a release from U.S. Attorney Stephen J. Cox said.

Source: Feds indict North Texans of wire fraud, accepting kickbacks / HeraldDemocrat

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