The attorney for Lubbock businessman Jeffrey Gunselman, 30, is asking a federal judge to let him out of jail until his trial date - currently set for December 3. Gunselman, CEO of Lubbock-based Absolute Fuels, was arrested in July on federal charges of wire fraud and money laundering. He and his company are accused of creating and selling roughly $40 million of fake renewable energy credits.
The motion filed on Friday says, "There is no evidence to conclude that Gunselman is a serious flight risk or a community danger. To the contrary, the evidence shows that Gunselman has cooperated…"
Gunselman turned over $15 million to federal prosecutors after allegations surfaced in a search warrant of Absolute fuels last year.
Gunselman's attorney, Dan Cogdell, cited case law in the Friday motion that allowing a defendant out on bond "should be denied only in rare circumstances, and doubts regarding the propriety of release should be resolved in the defendant's favor."
Gunselman's wife Criselda "Crissy" Gunselman wrote a personal plea to the judge as part of the motion. She says her husband is family man who has a "soft spot" for dogs and has donated money to children's homes. She insists he is neither a threat to the community nor a flight risk.
Prosecutors recently wrote their own motion to the judge, saying Gunselman is a flight risk and should remain jailed until his trial date. The judge will consider both sides and then make a decision.
CLICK HERE to read Crissy Gunselman's letter and a letter from Gunselman's parents to the judge.
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