Mealey's (March 6, 2020, 1:04 PM EST) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on March 3 ruled that a federal district court did not err in applying a two-level enhancement to the sentencing of a former CEO of a sand fracking company who pleaded guilty to charges that he conspired with two other men in the operation of a Ponzi scheme (United States v. Stanley P. Bates, No. 18-50785, 5th Cir., 2020 U.S. App. LEXIS 6778)....