Texas developer at the center of attorney general's impeachment pleads guilty to federal charge A real estate developer whose relationship with Texas Attorney General Ken Paxton was at the center of the Republican's historic impeachment trial in 2023 pleaded guilty Wednesday to a federal charge of lying to a financial institution.
Paul would figure heavily in 20 articles of impeachment filed against Paxton, who was accused of abusing his power and bribery in order to help the developer, who gave the Republican a $25,000 campaign donation in 2018.
Paxton has long denied wrongdoing and was not mentioned in federal indictments against Paul, which accused the developer of making false statements to banks in order to obtain more than $170 million in loans.
He later sought help from Paxton, and the relationship and dealings between the two men played a prominent role in lawmakers impeaching Paxton, who was later acquitted in the Senate.
The plea by Nate Paul, whose company is based in Texas, was entered before a U.S. magistrate judge and still must be reviewed by a district judge, court documents show.
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