Ken Paxton’s lies and incompetence keep piling up and landing him on the wrong side of the law.
This time Paxton may have committed mortgage fraud among other potentially illegal acts in another failed scheme.
Paxton declared three of his Texas homes as primary residences including a $1.5 million property in a gated community, according to a new report.
Paxton’s actions put him in the company of prominent anti-Trump Democrats who have also allegedly committed mortgage fraud, including New York Attorney General Leticia James and California Senator Adam Schiff.
“A lot of people who trust Ken Paxton get lied to, so it isn’t shocking to learn he is also cheating on his taxes and personal finances,” said NRSC Communications DirectorJoanna Rodriguez. “Ken Paxton’s betrayals of the public trust just keep coming.”
More from the Associated Press:
Texas Attorney General Ken Paxton and his wife, Angela, are longtime owners of a $1.5 million house in a gated community outside Dallas. In 2015, they snapped up a second home in Austin. Then another.
The problem: Mortgages signed by the Paxtons contained inaccurate statements declaring that each of those three houses was their primary residence, enabling the now-estranged couple to improperly lock in low interest rates, according to an Associated Press review of public records. The lower rates will save the Paxtons tens of thousands of dollars in payments over the life of the loan, legal experts say.
The records also revealed that the Paxtons collected an impermissible homestead tax break on two of those homes, and they have routinely flouted lending agreements on some of their other properties.
It is a federal and state crime to knowingly make false statements on mortgage documents. It’s also against the law in Texas to collect a homestead tax break on two separate properties. Violating the terms of a mortgage could allow lenders recourse to seek full payment of a loan, according to legal experts.
Crooked Ken Paxton’s incompetence and litany of baggage threatens President Trump’s Senate Majority:
- Texas Values withdrew its support for Paxton’s Senate campaign earlier this week over Paxton’s “adultery” which the pro-family group says is an “attack on marriage.”
- Angela Paxton’s divorce petition accuses Ken Paxton of adultery on the basis of biblical grounds.
- Paxton’s former chief of staff testified that Paxton confessed to her and other staff members he was having an affair with his mistress, Laura Olson.
- Impeachment articles in the Texas legislature alleged Paxton used the alias “Dave P” for a fake Uber account he used to secretly see his mistress.
- Paxton was also accused of using secret emails and burner phones to try and cover his tracks.
- Paxton allegedly used his pal Nate Paul, who was recently convicted of bank fraud, to help hide his affair and provide his mistress with employment in Austin so that Paxton could be closer to her.
- 20 articles of impeachment were filed against Paxton in the Texas legislature over alleged bribery, abuse of power, and obstruction of justice.
- Paxton was indicted on security fraud charges that were later dropped after he paid nearly $300,000 in restitution and completed community service.
- Paxton refused to disclose multiple out-of-state properties in his 2023 financial disclosure, including a $1.6 million luxury hide-away.
- Paxton’s office funneled over $7 million of Texas taxpayer dollars to left-wing groups that help illegal immigrants avoid deportation, fight I.C.E, and offer ‘gender affirming’ resources to children.