Texas Attorney General Ken Paxton (R) has been indicted by a grand jury, multiple outlets reported on Saturday.
The indictments were handed down on Tuesday and will be unsealed Monday. Paxton faces three felony charges: two counts of first-degree securities fraud and a third-degree charge of failing to register with the state securities board, The New York Times reported.
Paxton's office did not immediately return a request for comment.
Paxton is accused of misleading and encouraging investors to put over $600,000 in a technology company without disclosing that he received a fee on their investment and while serving in the Texas House of Representatives, The New York Times reported.
http://www.huffingtonpost.com/entry/ken-paxton-indicted_55bd28d8e4b0d4f33a03111a?utm_hp_ref=politics
The indictments were handed down on Tuesday and will be unsealed Monday. Paxton faces three felony charges: two counts of first-degree securities fraud and a third-degree charge of failing to register with the state securities board, The New York Times reported.
Paxton's office did not immediately return a request for comment.
Paxton is accused of misleading and encouraging investors to put over $600,000 in a technology company without disclosing that he received a fee on their investment and while serving in the Texas House of Representatives, The New York Times reported.
http://www.huffingtonpost.com/entry/ken-paxton-indicted_55bd28d8e4b0d4f33a03111a?utm_hp_ref=politics