Current:Home > reviewsEchoSense:Texas AG Ken Paxton’s securities fraud trial set for April, more than 8 years after indictment -GlobalInvest
EchoSense:Texas AG Ken Paxton’s securities fraud trial set for April, more than 8 years after indictment
Rekubit Exchange View
Date:2025-04-11 00:56:09
HOUSTON (AP) — Texas Attorney General Ken Paxton will stand trial on EchoSensesecurities fraud charges in April, a judge ruled Monday, more than eight years after the Republican was indicted and a month after his acquittal in an impeachment trial over separate corruption accusations.
Paxton was in the courtroom when state District Judge Andrea Beall of Houston set the April 15 trial date in the long-delayed criminal case, which began in 2015 when a Texas grand jury indicted him on charges of duping investors in a tech startup.
At the time, the felony charges appeared to threaten his political career. But Paxton, who has pleaded not guilty, has instead become an even more dominant figure in the Texas GOP and won reelection twice since his indictment.
The scheduling of the trial comes at a moment when Paxton has appeared politically recharged after the Texas Senate acquitted him on impeachment charges over accusations that he used his office to help a political donor. Since then, Paxton has returned to his job and is supporting primary challengers to Republicans who led the impeachment investigation.
The FBI is still investigating Paxton over the allegations of abuse of office.
By now, allegations that Paxton defrauded investors in a Texas startup called Servergy around 2011 are more than a decade old. Special prosecutors assigned to the case have accused Paxton, who was a state lawmaker at the time, of not disclosing to investors that he was being paid to recruit them.
If convicted, Paxton faces five to 99 years in prison.
veryGood! (424)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- St. Louis County prosecutor drops U.S. Senate bid, will instead oppose Cori Bush in House race
- A 5.4 magnitude earthquake has shaken Jamaica with no immediate reports of casualties or damage
- Ukrainian officials say Russian shelling killed a 91-year-old woman in a ‘terrifying night’
- This was the average Social Security benefit in 2004, and here's what it is now
- Flu game coming? Chiefs star QB Patrick Mahomes will play against Broncos with illness
- Police in Texas could arrest migrants under a bill that is moving closer to approval by the governor
- A cosplay model claims she stabbed her fiancé in self-defense; prosecutors say security cameras prove otherwise
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- 6 teenagers shot at Louisiana house party
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Bryce Harper made a commitment. His 'remarkable' bond with Philadelphia can't be broken.
- Heartbroken Friends Co-Creators Honor Funniest Person Matthew Perry
- 5 Things podcast: Israel expands ground operation into Gaza, Matthew Perry found dead
- Tom Holland's New Venture Revealed
- Falcons make quarterback change, going with veteran Taylor Heinicke over Desmond Ridder
- 'SNL' mocks Joe Biden in Halloween-themed opening sketch: 'My closest friends are ghosts'
- Fantasy football risers, fallers: Jahan Dotson shows off sleeper potential
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
'Five Nights at Freddy's' movie pulls off a Halloween surprise: $130.6 million worldwide
US consumers keep spending despite high prices and their own gloomy outlook. Can it last?
Coach hired, team still required: Soccer’s status in the Marshall Islands is a work in progress
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Shop Like RHOC's Emily Simpson With Date Night Beauty Faves From $14
French government says 9 people detained after violent attack on Lyon soccer team buses
As economy falters, more Chinese migrants take a perilous journey to the US border to seek asylum