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El Paso Mayor's Brother Admits Guilt in Federal Ponzi Scheme Charges

KTSM••Eliya Alvidrez
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The brother of El Paso Mayor Oscar Leeser has pleaded guilty to seven counts of wire fraud related to a Ponzi scheme. He misled investors by claiming their funds would be used to promote NBA preseason games. This case highlights significant issues of trust and accountability, especially given the familial connection to a prominent local figure. The U.S. Attorney for the Western District of Texas is overseeing the case, which raises concerns about financial fraud in the community.

el-paso court mayor fraud ponzi-scheme

People & Organizations

El PasoOscar LeeserU.S. Attorney for the Western District of Texas

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