Monday, August 3, 2015

Texas Attorney General Arrested & Booked On Securities Fraud Charges


Texas Attorney General Ken Paxton was arrested and booked on three securities fraud charges.

Apparently during his time as a member of the Texas House, Paxton sold stock for Servergy Inc. In doing so, the indictment alleges that he failed to tell stock buyers he was compensated for his efforts with 100,000 shares of stock in the company.

The indictment also charges he was an investor in the company when it appears he was not.

Along the way, over $600,000 poured into the company due to his promotion.

You'll note the smirk in his mug shot posted above.

The anti-gay Paxton has continued to fight against same-sex marriage in Texas despite the historic ruling by the U.S. Supreme Court last month.

(source)

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.