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Feds charge Texas AG Ken Paxton with fraud
Dallas News ^ | April 11, 2016 | Lauren McGaughy

Posted on 04/11/2016 2:06:43 PM PDT by PAR35

AUSTIN – The U.S. Securities and Exchange Commission on Monday charged Texas Attorney General Ken Paxton with civil securities fraud for promoting a North Texas tech firm, adding to the first-term Republican’s growing legal woes.

Paxton was charged with persuading others to buy stock in North Texas tech firm Servergy, Inc. without disclosing he was being paid to promote the company. The attorney general, a Republican from McKinney, also faces criminal fraud charges in Texas for these same allegations. ...

(Excerpt) Read more at trailblazersblog.dallasnews.com ...


TOPICS: Crime/Corruption; Front Page News; Government; US: Texas
KEYWORDS: 2016election; election2016; kenpaxton; mckinney; paxton; servergy; tedcruz; texas
Feds piling on. This is a civil action by the SEC, unlike the state criminal prosecution.
1 posted on 04/11/2016 2:06:43 PM PDT by PAR35
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To: PAR35

Is this another Tom Delay deal?


2 posted on 04/11/2016 2:12:51 PM PDT by facedown (Armed in the Heartland)
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To: PAR35; John Valentine; lonestar67; austingirl; CA Conservative
Thanks @PAR35.

To the rest of you...You're from Texas or have lived there.

I remember when DeLay got indicted; I remember when Gov. Perry got indicted after that female govt. employee got fired for trying the "Don't you know who I am?" gambit during a drunk-driving investigation.

This is the first I've heard of this one.

Did the guy do anything, or is this Obama picking on Texas?

3 posted on 04/11/2016 2:15:08 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: facedown

Doesn’t appear so, according to the allegations I’ve read. Clients of a financial advisor appear to the be complainants, so if it is a Vast Left Wing Conspiracy then it involves the public as well


4 posted on 04/11/2016 2:15:18 PM PDT by A_Former_Democrat (This household proudly voted for TRUMP)
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To: PAR35

Don’t tell me this is a all roads lead to Travis County kind of thing.


5 posted on 04/11/2016 2:15:54 PM PDT by StoneWall Brigade ("A Republic if you can keep it."- Benjamin Franklin Vote Tom Hoefling 2016 to restore the Republic)
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To: facedown; grey_whiskers

I don’t want to express any opinion as to the facts of the case - I might get lucky and get called for the jury.

I do want to emphasize that it’s a lot different for a Republican being indicted in left wing Travis county (Kay Bailey Hutchinson, Tom Delay, Rick Perry) and being indicted in heavily Republican Collin County (Paxton).

On the other hand, infighting at the courthouse north of McKinney can get vicious. A judge was charged with bribery; she tried to go after the ADA, the Clerk of Court got run out of office; and another judge was carrying on an adulterous affair with the DA at the time (almost had a death penalty overturned when that came out.)


6 posted on 04/11/2016 2:24:31 PM PDT by PAR35
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To: StoneWall Brigade

Not a Travis County deal. Collin county politics. They did have import judges and special prosecutors since the court house crowd all know each other too well.


7 posted on 04/11/2016 2:26:15 PM PDT by PAR35
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To: grey_whiskers

actually he did do something wrong..he admitted it and paid a fine. The Texas case is political because he’s already settled the matter.


8 posted on 04/11/2016 2:46:54 PM PDT by SPRINK
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To: grey_whiskers

I’m still not sure but I’m inclined to see it as part of the pattern you observed in your post.

Frustrated dems are increasingly resorting to their limited prosecutor roles to attempt to criminalize republican governance


9 posted on 04/11/2016 6:20:56 PM PDT by lonestar67 (Trump is anti-conservative / Cruz 2016)
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To: PAR35

Little of both. He technically broke the law, but the fact that his is a Republican means he gets a attention that a democrat would not.

American courts are corrupt.


10 posted on 04/12/2016 6:58:53 AM PDT by stinkerpot65 (Global warming is a Marxist lie.)
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