Texas Attorney General Ken Paxton's indictment for fraud and investigation into bribery should disqualify him for re-election in 2022, writes columnist Chris Tomlinson.
Folks in McKinney elected Paxton to the Texas House in 2003, and he won a state Senate seat in 2012. He shared a rental in Austin with a former friend and state Rep. Byron Cook. They created an investment club, agreeing to take equal risk in each security, and promised not to profit off each other, according to Securities and Exchange Commission filings.
In 2015, the year Paxton became attorney general, a grand jury indicted him on two counts of securities fraud, a first-degree felony, and one count of failing to register with state securities regulators, a third-degree felony. The indictment alleges Paxton sold $840,000 worth of Servergy shares to Cook and another investor and, in return, received 100,000 Servergy shares as a commission. Paxton insists the extra shares were a gift from the CEO.
A reasonable person might expect Paxton to step down or demand a speedy trial. But instead, he has used every opportunity to delay his day in court. His friends in Collin County tried to cut off funding for the special prosecutor. Paxton’s attorneys have appealed every decision that went against him, and seven years later, they are still fighting overThen in October 2020, a call came from inside Paxton’s proverbial house. His right-hand man and top prosecutors notified human resources that their
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