Paxton showed up at the Collin County Courthouse/Jail early Monday morning to turn himself inafter being indicted on three criminal charges related to his deals with a friend's financial investment firm.
The grand jury in Paxton’s hometown of McKinney reportedly returned three criminal indictments against him last week. Two were for securities fraud. A third was for failing to register as a securities agent.
The charges were linked to Paxton’s not telling clients that he was being paid a fee when he referred them to a specific investment company. The lack of disclosure happened while Paxton was a state senator, and he agreed to pay a civil fine of $1,000 for referring the clients without being properly licensed.
A tech company, Servergy, which is connected to Paxton is also under investigation.
Neither Paxton nor his defense attorney or special prosecutors assigned to the case were willing to comment on their findings.
But the public will know more about the evidence today used to indict Paxton when the Collin County District clerk releases that information this afternoon.
