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