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Pittsburg man pleads guilty to fraud regarding insured horses
A Pittsburg, Texas, man who lied on an insurance claim form to collect $20,000 for a dead horse has pleaded guilty to mail fraud in federal court.
Paul Banks, 46, will appear before U.S. District Judge T. John Ward in Marshall for sentencing at a later date. Banks pleaded guilty to wrongdoing Thursday before Magistrate Judge Charles Everingham as part of a plea agreement, according to court documents. Federal probation authorities will complete an investigation into Banks’ life and prepare a report for the court that will include a recommendation for punishment under fe...
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