Central figure in Paxton case charged
The Austin real estate developer who is at the heart of Attorney General Ken Paxton’s impeachment was arraigned on eight federal charges Friday, the Austin American-Statesman reported. Nate Paul was arrested by the FBI on Thursday. Paul, 36, has been accused of providing financial benefits to the attorney general, who in exchange intervened in several legal issues involving Paul. That connection led in part to the Texas House impeaching Paxton on May 27. He now awaits a trial sometime this summer in the Senate.
The federal charges allege Paul made false statements to financial institutions in Texas, Connecticut, New York and Ireland that underreported his total liabilities and overreported his cash, influencing lenders’ decisions to loan him money to buy commercial properties.