Ken Paxton Says He’s Tough on Crime. His Trust Invested $600,000 in a Convicted Fraudster’s Company.

Ken Paxton Invested $600,000 in Fraudster’s Business

“Four years after North Texas home builder Scott Sherman completed a federal prison sentence for mortgage fraud, his new construction materials business received a $600,000 cash infusion,” Texas Tribune reports. “The financial boost came from a blind trust set up to prevent Texas Attorney General Ken Paxton and his wife, state Sen. Angela Paxton, from […]

Ken Paxton Says He’s Tough on Crime. His Trust Invested $600,000 in a Convicted Fraudster’s Company.

The blind trust’s investment in Wildcatter offers a new, unreported look at the attorney general’s financial ties with the very type of business executives whose prosecutions he typically celebrates.

Ken and Angela Paxton invested $600,000 in a convicted fraudster’s business

The blind trust’s investment in Wildcatter offers a new, unreported look at the attorney general’s financial ties with the very type of business executives whose prosecutions he typically celebrates.

Ken Paxton’s Ties to Convicted Fraudster Exposed via Blind Trust

Texas Attorney General Ken Paxton and his wife, state Senator Angela Paxton, invested $600,000 into a business run by a man convicted of fraud.The Texas Tribune reports that the Paxtons gave the cash to a construction materials business run by Scott Sherman, a home builder who pleaded guilty to mortgage fraud in 2014, through what was presented to the public as a blind trust. In reality, the Paxtons’ business activities were not shielded, as sho…