Report: Texas AG Will Be Indicted On Monday
Texas AG Ken Paxton will reportedly face multiple felonies come Monday.
Looks like a rough road ahead for Texas AG Ken Paxton. WFAA is reporting that sources say a Texas grand jury has indicted him on multiple felony counts to be unsealed on Monday at noon.
Maybe he’s holding out hope that the independent Texas Republic will get him off.
UPDATE: 8/3/15 9:13 a.m. — As we await the unsealing of the indictment, updated coverage provides more insights into what we’ll find if you haven’t been following this story all along:
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
When he was in the state legislature, Paxton was hired to seek clients by an investment firm called Mowery Capital Management, which is facing allegations from the State Securities Board of defrauding investors.
The board found in May 2014 that Paxton was not properly registered as an investment adviser in his work with the firm. It reprimanded him and fined him $1,000.
Paxton’s name also appears in a federal court document as a major investor in a Dallas-area firm in a U.S. Securities and Exchange Commission investigation.
Attorney General Ken Paxton To Be Indicted Monday [WFAA]
UPDATED: Texas Attorney General Ken Paxton indicted by grand jury on fraud charges: reports [Raw Story]
Earlier: Dear Texas You Know You ARE Actually Part Of The United States Right