Texas Attorney General Ken Paxton has faced scrutiny in recent weeks after some of his aides accused him of authorizing an investigation to benefit Austin developer Nate Paul, a Paxton associate beset by bankruptcies and legal troubles.
Now, documents obtained by the American-Statesman show that an outside counsel hired by Paxton also initiated an investigation into a second complaint by Paul — this one contending that a conspiracy is afoot to inappropriately foreclose on Paul’s loans and defraud him of some of his properties.
Paul and his company, World Class Property, have faced foreclosure proceedings on an estimated $258 million in delinquent loans over about the past year that were made to various real estate entities Paul controls, according to bankruptcy filings and foreclosure actions reviewed by the Statesman. It’s unclear which of those proceedings might be included among Paul’s allegations.
Source: Paxton investigation looked into Paul’s conspiracy allegations / Statesman