The peak of Texas legislative season will see Ken Paxton, the Attorney General, being tried on fraud charges. Paxton’s trial is set to open on May 1, with the jury selection set to begin in the middle of April. He was elected to the post of Attorney General for the first term only six months before his verdict came up. He faces a total of three fraud charges. This felony carries a maximum of 99 years in prison. Fines can reach up as tens of thousands.
Nature of crimes
Paxton has pleaded to not guilty when it came to all charges slapped against him. He has made a pledge to continue his job. Although he has not made a formal announcement of his wish to get re-elected, it should be noted that politicians in Texas wait until the biennial legislative session ends on May 29. The indictments say that Paxton, during his tenure as state representative, encouraged colleagues and also friends to buy about $800,000 worth of stock from Servergy Inc., the McKinney technology company. He, however, did not inform them that he will be compensated by the same firm. Another charge against him is that he pushed clients to an investment firm owned by a friend. He did so even though he was not registered with state as representative of that particular firm.
Paxton, on his part, tried his hardest to get these charges lifted. He appealed against them during the recent 15 months to the highest criminal court in the state. He lost in every attempt and ultimately began to prepare himself to face trial. Collin County taxpayers are financially it supporting his prosecution. They have paid in excess of $300,000 to special prosecutors until now. Republicans are not happy with such developments and there is a schism about the affair in a number of conservative circles.
There are people who support Paxton in state Legislature. These people have contemplated intervening on his behalf. The country has also considered the stiffing of local public defender having no ties to the Attorney General to utilize as test case so that no payment is given to the prosecutors.
Other than the above charges, Paxton also faces a number of federal civil charges. Although those charges were dismissed in October, the allegations against him were renewed by the federal government. William Mapp III, the ex-CEO of Servergy, is a co-defendant in that case.