Federal prosecutors on Friday leveled charges of making false statements to financial institutions against a real estate developer who is at the center of allegations that led to the impeachment of Texas Attorney General Ken Paxton.
A grand jury indicted Nate Paul, 36, on eight counts of making false statements to lenders based in Texas, New York, Connecticut and Ireland to obtain $172 million in real estate loans in 2017 and 2018.by the FBI on Thursday and jailed overnight, briefly appeared before a federal judge in Austin on Friday. He did not enter a plea and was allowed to go free on bond. He is scheduled for a June 15 arraignment. His attorney, Gerry Morris, did not immediately respond to a request for comment.
Paxton was not mentioned in Paul's indictment and Morris told reporters after the hearing that the case against his client did not involve Paxton. Paxton, a supporter of former President Donald Trump whose lawsuit challenging the 2020 election results was tossed out by the Supreme Court, was
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