Asked 6/22/17 – Dallas, TX

A colleague of mine plead guilty to Felony Conspiracy to commit wire fraud and signed a plea agreement that states he’s looking at prison, a large fine and restitution of over a million dollars. His sentencing date is a year off due to the fact that he’s agreed to work with the prosecution. He and I own a piece of commercial real estate together and it is his only real sizable asset. How do I let the US government know that I would like to purchase his interest?

Answer

I do not know about the particular facts of the case in question, but you are in business with a guy convicted of major conspiracy to commit wire fraud. It doesn’t take much for the Feds to connect people on a conspiracy charge, so I would speak with a local attorney before I make ANY contact with a representative of the Federal Government. Good Luck.