Felony charges would be erased in exchange for community service and six-figure restitution.
Texas Attorney General Ken Paxton is nearing a resolution to the 9-year-old securities fraud charges that have dogged his tenure as the state's top attorney through a special agreement with prosecutors, the American-Statesman has learned.
Under a draft agreement, prosecutors would dismiss felony charges against Paxton if he successfully completes the terms of the deal, according to three sources familiar with the negotiations.
The agreement would allow Paxton to avoid a public airing of facts and evidence against him in the legal saga that has seen fights over the pay of special prosecutors, jurisdiction and other disputes that have prolonged the matter. The resolution of the case also would not affect Paxton's law license.
While I share your outrage, he was not indicted by the federal government, so this had nothing to do with the justice department. This is a Texas state prosecutor letting him off easy for securities fraud.
Paxton though, being the repeat offender he is, does have a separate ongoing corruption investigation that is department of justice led. It's confusing when you're breaking the law so often like Paxton. We'll see if that probe can bring him into a federal case where lackey state prosecutors won't be there coddling him.
Weird. How is securities fraud not under the purview of the SEC? It was my understanding the SEC issues civil penalties and utilizes the DOJ (namely the FBI) for criminal penalties.
If the terms of the deal are we tar and feather that shit heal fuck faced bag of dicks and then ride him out of Texas on a rail I am good with it. He is a coward and trash.