Charges announced against Austin businessman linked to Paxton's impeachment

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Charges announced against Austin businessman linked to Paxton's impeachment -- he's accused of making false statements to mortgage lenders to obtain $172 million in loans

FBI agents examining Paul's troubled real estate empire searched his Austin offices and a palatial home in 2019. The next year, eight of Paxton's top deputies reported the attorney general to the FBI on allegations of bribery and abuse of office, including for hiring an outside lawyer to examine the developer's claims of wrongdoing by federal agents.

The impeachment accuses Paxton of using his office to help Paul over his unproven claims of an elaborate conspiracy to steal $200 million of the developer's properties. The bribery counts say that in return the developer employed a woman with whom Paxton had an extramarital affair and paid for expensive renovations to the attorney general's million-dollar Austin home.

The wire transfer was dated Oct. 1, 2020 - the same day Paxton's deputies signed a letter informing the head of human resources at the Texas attorney general's office that they had reported their boss to the FBI. The $121,000 payment was to Cupertino Builders, whose manager had done work for Paul and had an email address with his company, state corporation and court records show.

Paul has denied bribing Paxton. The attorney general has also broadly denied wrongdoing and said he expects to be acquitted during an impeachment trial in the state Senate, where his wife is a member.

 

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