Texas AG Ken Paxton's Impeachment Linked Businessman Charged by Federal Prosecutors.

1 min read
Source: The Associated Press
Texas AG Ken Paxton's Impeachment Linked Businessman Charged by Federal Prosecutors.
Photo: The Associated Press
TL;DR Summary

Real estate developer Nate Paul, who was involved in the scandal that led to the impeachment of Texas Attorney General Ken Paxton, has been charged with making false statements to mortgage lenders to obtain $172 million in loans. Paul is accused of overstating his assets and understating his liabilities while seeking loans in 2017 and 2018. The indictment comes after a yearslong FBI investigation that Paxton involved his office in, setting off a chain of events that ultimately led to his impeachment and suspension from office last month. Paul denies the charges and claims he is not guilty.

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