DALLAS -- A Pecos County, Tex., grand jury has indicted the developers of a for-profit jail -- one of six identical bond-financed projects in the state -- on charges of criminal antitrust violations.

The grand jury returned on Oct. 29 separate five-count indictments against N-Group Securities Inc. of Houston and two of its principals, Patrick and Michael Graham, alleging that they had violated state laws in building the $12.25 million project.

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