DALLAS – A Texas businessman at the center of the scandal that ended in the historic impeachment of state Attorney General Ken Paxton has been charged with further federal crimes.
The new indictment of Nate Paul alleges that he defrauded industry companions, including to previous charges that the Austin-based actual property developer made false statements to loan lenders to procure $172 million in loans.
Paul, 36, pleaded not guilty in June to the 8 counts of making false statements whilst searching for loans from loan lenders within the U.S. and Ireland. His legal professionals didn’t instantly reply to emails searching for remark at the superseding indictment issued Tuesday on 4 new counts of cord fraud and conspiracy to dedicate cord fraud.
The charges towards Paul are the end result of a yearslong FBI investigation that Paxton concerned his workplace in, atmosphere off a sequence of occasions that ended in a separate federal probe of the Republican legal professional normal and his May impeachment by means of the GOP-controlled state House of Representatives.
Paxton used to be suspended from workplace forward of his impeachment trial, the place he pleaded now not accountable to political charges together with misconduct, bribery and corruption.
In September, the state’s Republican-controlled Senate fully acquitted Paxton — a powerful victory that reaffirmed the ability of the GOP’s onerous proper and put an indicted incumbent who stays below FBI investigation again into workplace.
Neither Paxton nor Paul used to be known as to testify at the impeachment continuing.
The federal investigation of Paxton is ongoing and he nonetheless faces a state legal trial on securities fraud charges introduced towards him in 2015. He additionally pleaded now not accountable within the state case.
Copyright 2023 The Associated Press. All rights reserved. This subject matter will not be revealed, broadcast, rewritten or redistributed with out permission.
]