Following on this post from a couple of weeks ago, Michael J. Wing, an attorney who lives in Tyler but practices out of Houston, faces up to 20 years in prison after pleading guilty in Tyler earlier this week to wire fraud charges over defrauding one investor of $500,000 in 2004.
Wing had been charged with 18 counts of securities and wire fraud and, although his plea deal involves only one defrauded investor, he also admitted to defrauding 10 investors of more than $7 million. No sentencing date has been scheduled yet. Hat tip to Letter of Apology for the news.