Monday March 22 2021
Gary Cain, who three years ago was convicted with ex-state Sen. Carlos Uresti in a scheme to defraud investors, has asked a judge for his release from federal prison.
Cain, 64, cited a numerous medical problems, including a bad heart, obesity, hypertension and rheumatoid arthritis, in making the request.
His declining health makes him particularly vulnerable to the adverse consequences of the coronavirus, a Wednesday court filing says.
Cain was sentenced to 68 months in prison in 2017 after a jury convicted him on nine felonies, comprised of various money-laundering and wire-fraud charges.
Uresti, a San Antonio Democrat whose more than 20-year political career was upended by the scandal, was convicted of 11 felonies and sentenced to 12 years in prison.
The pair, along with others, also must pay $6.3 million in restitution to the victims.
Cain is serving his sentence at a low-security correctional institution in Seagoville. He’s been behind bars for roughly half the sentence, with his release set for August 2023.
Professor Elam 
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