A Texas man has pleaded guilty in a Tulsa federal courtroom for his role in a scheme that defrauded investors of more than $875,000 that was used to promote his country music career ambitions.
U.S. Attorney Trent Shores says 31-year-old Timothy Paul Hamilton, Jr. admitted during a court hearing Friday he promoted false investment opportunities for various companies that claimed to produce and market sportswear and nutritional supplements.
Hamilton, from Dallas, pleaded guilty to conspiracy to commit wire fraud. He was living in Oklahoma at the time of the scheme.
Prosecutors say his parents, Gena and Timothy Hamilton, were managing members of the companies. They pleaded guilty to giving a false statement to a financial institution.
Hamilton and his parents are set to be sentenced on Dec. 13.