Can you believe that Ken Paxton has managed to keep from having his criminal trial on securities fraud from taking place for almost NINE YEARS???? ACTIVE INDICTMENT! And yet, Republicans seem to love crooks, even crooks that are supposedly the Law and Order branch of Texas government. Texas Tribune
He is accused of enticing investors in a McKinney-based technology firm without disclosing he had received company stock, and for steering clients to a friend’s investment advising business without registering with the state. Paxton faces two first-degree felony securities fraud charges, which each carry five to 99 years in prison, and one third-degree felony.
The securities fraud indictments, which came just months into his first term as attorney general, have dogged Paxton for years. The cases have been repeatedly delayed as the sides fought over how much the prosecutors should be paid, what judge should preside and where the trial should be held.
Paxton has also encountered other corruption allegations. In addition to these fraud indictments, he was impeached last year for allegedly swapping political favors with a campaign donor but beat the charges. His agency still faces a whistleblower lawsuit brought by the individuals whose allegations prompted his impeachment, and Paxton is also being sued over his role challenging the 2020 presidential election results.
