- Associated Press - Tuesday, February 3, 2015

LAS VEGAS (AP) - Federal authorities say a Las Vegas man pleaded guilty to one count of conspiracy to commit wire fraud for his role in promising to obtain grants for small businesses for a fee.

Nevada’s U.S. Attorney’s office said 41-year-old Mickey Gines through BFS Enterprises and Global Business Funding among others, didn’t deliver on promises to 390 small businesses who paid $5.3 million in fees over four years to obtain grants for them.

Gines faces up to 20 years in prison and a fine of up to $250,000 when he’s expected to be sentenced June 4.

Two others were charged in the case. Christine M. Gagnon, also known as Crystal Waters, pleaded guilty in November. A trial for Gregory Villegas, also known as Ray Matsui and Ray Mathis, starts March 16.

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