Harrison County Man Guilty of Wire Fraud Charges

MARSHALL — A 33-year-old Marshall, Texas man has pleaded guilty to federal wire fraud charges. In Marshall yesterday, John Michael McConnell pleaded guilty to wire fraud in an appearance before U.S. Magistrate Judge Roy S. Payne. McConnell faces up to 20 years in federal prison. A sentencing date has not been set. Federal prosecutors say from August 2010 to September 2010, McConnell engaged in a scheme to defraud MB Trading by making false material representations in an online application for a trading account and by emailing a fictitious bank statement to MB Trading.