Nate Paul, Ken Paxton's Associate, Charged with Felonies and Lying to Lenders.

1 min read
Source: Houston Chronicle
Nate Paul, Ken Paxton's Associate, Charged with Felonies and Lying to Lenders.
Photo: Houston Chronicle
TL;DR Summary

Nate Paul, an Austin real estate investor accused of bribing Texas Attorney General Ken Paxton, has been charged with eight felony counts of making false statements to mortgage lending businesses and credit unions. The charges allege that Paul overstated his assets and understated his liabilities to several lending institutions between March 2017 and April 2018. The indictment also accuses Paul of falsely stating on three occasions that he held millions of dollars in a bank account when the balance was less than $13,000. Paxton was not mentioned at Paul’s initial hearing Friday or in the indictment.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

5 min

vs 6 min read

Condensed

91%

1,09096 words

Want the full story? Read the original article

Read on Houston Chronicle