In exchange for his guilty plea, Mitchell will be able to keep some of his real estate and will get back some of his already seized assets. The federal government in 2011 began civil forfeiture proceedings against about two dozen properties owned by Mitchell, his sons, a trust or their limited liability corporations.
“He's going to be able to retrieve some houses and, most importantly, some property for his daughter that he had in trust that they had seized and some money,” Adams said. “She won't have to worry about her future in the long run, which is all Teddy really cares about.”
Eight others were indicted last September, along with Teddy Mitchell.
Also agreeing to plead guilty is son Dryden R. Mitchell, 32, of Oklahoma City.
Defense attorney Billy Bock said Dryden Mitchell will plead guilty to one gambling count and one money laundering count. Dryden Mitchell had faced 31 counts before reaching a deal with prosecutors.
“He's getting back some assets, also. He's in a very good position, legally and factually,” Bock said. “He's working. He's got a great job. We look forward to going before the judge and presenting everything to the judge and let him make a decision on what Dryden's future is going to be.”
Two admitted bookies already have pleaded guilty and are awaiting sentencing.