Real estate investor Nate Paul charged with multiple felonies including false statements and loan fraud.

1 min read
Source: The Texas Tribune
Real estate investor Nate Paul charged with multiple felonies including false statements and loan fraud.
Photo: The Texas Tribune
TL;DR Summary

Real estate investor Nate Paul has been charged with eight counts of making false statements to financial institutions, allegedly overstating his assets and understating his liabilities to fraudulently obtain loans. The charges against Paul have no mention of Texas Attorney General Ken Paxton, who is suspended from office and awaiting an impeachment trial in the Senate. Paul is due back in court on June 15 for arraignment and the government is seeking $172 million in restitution from him.

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