Texas AG Ken Paxton’s Developer Crony Takes Plea Deal

The Austin Statesman reports:

Austin real estate investor Nate Paul on Wednesday pleaded guilty to a charge of making false statements to a financial institution as part of a deal with prosecutors, ending a six-year legal saga. All other counts against Paul will be dropped under the terms of the agreement. He faces up to six months in prison. Paul will be sentenced in the coming weeks, after a federal presentencing investigation.

The deal ends a case that first drew public attention in 2019 when federal officials raided former developer Paul’s home and the offices in downtown Austin. Paul decried the raids as improper, and he later turned to Ken Paxton for help. Paxton’s relationship with Paul — and whether the attorney general abused his office to help him —

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