Antitrust Plea for Former Arkansas State Senator
Antitrust Plea for Former Arkansas State Senator
A former Arkansas state senator pleaded guilty in federal court to antitrust violations. Jakes C. Files pleaded guilty to submitting three fraudulent bids to the Western Arkansas Economic Development District. He submitted the phony bids to access the state’s General Improvement Funds.

Files ordered the Western Arkansas Economic Development District to award nearly $47,000 to the City of Fort Smith. He then prepared and submitted three fraudulent bids from a construction company he owned. A conspirator opened a bank account to receive the fraudulent award. Afterwards, the person transferred the funds by check to Files’ company. The person also delivered $14,000 in cash from the account to Files. The senator then deposited the money into his personal account.

In addition to pleading guilty to the fraudulent bid scheme, he also pleaded guilty to one count each of wire fraud, money laundering and bank fraud. The senator also obtained nearly $57,000 in a fraudulent loan from First Western Bank. The false loan application resulted in the bank fraud charge.

The senator faces up to 30 years in prison for the bank fraud charge. He could also face sentences of 20 years for the wire fraud and money laundering charges.

Federal antitrust lawyer


The federal government vigorously prosecutes crimes like bid-rigging. When you face federal Sherman Act charges, hire an experienced antitrust lawyer like Robert Helfend. Bid rigging, price fixing and market allocation schemes all violate the Sherman Act. Civil laws cover some antitrust violations, but these specific activities are criminal in nature.

Criminal antitrust convictions can land you in prison, require you to pay significant fines or both. That’s why you need the assistance of an experienced antitrust lawyer to defend you.

Mr. Helfend has more than 30 years of federal criminal defense experience and will fight aggressively on your behalf. Don’t wait to begin your defense, and don’t rely on an inexperienced criminal defense lawyer.

Contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County antitrust case.

Photo Credit: Keith Cooper, via Flickr.com

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