Prosecutors trying to keep Gunselman locked up until trial date - KCBD NewsChannel 11 Lubbock

Prosecutors trying to keep Gunselman locked up until trial date

LUBBOCK, TX (KCBD) -

Newly released court documents say Lubbock businessman Jeffrey Gunselman, 30, paid back $15 million in a wire fraud case involving more than $40 million.

Federal agents raided Gunselman's south Lubbock business, Absolute Fuels, last year.

Later, criminal charges were filed and Gunselman was accused of creating renewable energy credits that were not backed up by actual renewable fuels such as bio-diesel.

Gunselman's company did try to make bio-diesel fuel, but it never met quality standards and federal records say Gunselman's company was never capable of producing the quantity of fuel that had been promised to other companies nationwide.

The newest records are part of an attempt by prosecutors on Friday to keep Gunselman locked up until his trial date. He was arrested in Boerne, Texas in June and has since been transferred to the Lubbock County jail.

Copyright 2012 KCBD. All rights reserved.

  • Local News on KCBD.comNewsMore>>

  • US sets up missile defense in S. Korea as North shows power

    US sets up missile defense in S. Korea as North shows power

    Wednesday, April 26 2017 1:56 AM EDT2017-04-26 05:56:38 GMT
    Wednesday, April 26 2017 1:56 AM EDT2017-04-26 05:56:38 GMT

    A U.S. guided-missile submarine arrived in South Korea on Tuesday and envoys from the U.S., Japan and South Korea met in Tokyo, as North Korea marked the anniversary of the founding of its military.

    A U.S. guided-missile submarine arrived in South Korea on Tuesday and envoys from the U.S., Japan and South Korea met in Tokyo, as North Korea marked the anniversary of the founding of its military.

  • GOP drops US-Mexico wall demands as spending talks advance

    GOP drops US-Mexico wall demands as spending talks advance

    Wednesday, April 26 2017 1:37 AM EDT2017-04-26 05:37:28 GMT
    Wednesday, April 26 2017 1:37 AM EDT2017-04-26 05:37:28 GMT

    Republicans hope to avoid the ignominy of a government shutdown while their party controls Congress and the White House.

    Republicans hope to avoid the ignominy of a government shutdown while their party controls Congress and the White House.

  • Judge blocks Trump threat to withhold 'sanctuary city' funds

    Judge blocks Trump threat to withhold 'sanctuary city' funds

    Wednesday, April 26 2017 1:27 AM EDT2017-04-26 05:27:14 GMT
    Wednesday, April 26 2017 1:27 AM EDT2017-04-26 05:27:14 GMT
    A federal judge on Tuesday blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.. (Source: Raycom Media)A federal judge on Tuesday blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.. (Source: Raycom Media)

    A federal judge in San Francisco has blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.

    A federal judge in San Francisco has blocked a Trump administration order to withhold funding from communities that limit cooperation with U.S. immigration authorities.

Powered by Frankly