Texas Attorney General Ken Paxton's Fraud Trial Set to Proceed Despite Attempts at Dismissal
ICARO Media Group
In a courtroom hearing on Friday, Harris County District Court Judge Andrea Beall denied Texas Attorney General Ken Paxton's request to have felony fraud charges against him thrown out, affirming that his right to a speedy trial had not been violated. As a result, Paxton's long-awaited securities fraud trial is scheduled to commence on April 15, 2024.
The impending trial has generated significant anticipation, as Paxton has been under active indictment for nearly nine years. Throughout this period, he has maintained his innocence. Special prosecutor Brian Wice lauded Judge Beall's decision, suggesting that Paxton's own actions have been to blame for the trial's prolonged delay.
"We think that the general's fingerprints, footprints, and DNA were all over the delays," Wice stated, pointing out that Paxton's legal team's attempts to address their compensation had resulted in years of postponements. Defense attorney Dan Cogdell, representing Paxton, placed the blame on the prosecutors, highlighting their unsuccessful pursuit of payment since 2016 as a significant deterrent to progress.
The trial's delay can also be attributed to various other factors, including successful motions to change the trial's location from Collin County to Harris County, the impact of Hurricane Harvey, and the ongoing COVID-19 pandemic. Paxton, clad in a blue suit with pink socks, quietly observed the court proceedings.
The charges against Paxton allege that he enticed investors in a technology firm based in McKinney, Texas, without disclosing his ownership of company stock. Additionally, he is accused of diverting clients to a friend's investment advising business without registering with the state. Paxton faces two first-degree felony securities fraud charges, each carrying a potential sentence of five to 99 years in prison, as well as one third-degree felony.
These securities fraud indictments stem from early in Paxton's tenure as attorney general and have plagued his career for years. The protracted legal battles have centered around disputes over compensation, the choice of judge presiding over the trial, and the trial's location. Paxton has also faced other corruption allegations, including impeachment charges in 2023 related to alleged political favors exchanged with a campaign donor. Paxton ultimately beat those charges, but his agency currently faces a whistleblower lawsuit initiated by individuals whose allegations prompted his impeachment. Furthermore, Paxton is being sued for his role in challenging the 2020 presidential election results.
Notwithstanding his legal troubles, Paxton's political influence continues to grow, largely owing to his alignment with former President Donald Trump. He has emerged as one of the most recognized state attorneys general in the country, championing issues such as abortion restrictions, opposing LGBTQ rights, advocating for stricter border security, and supporting stringent immigration policies.
During the hearing, tensions between the defense and prosecution escalated as Cogdell accused the prosecutors of seeking personal financial gain. However, Wice dismissed these claims, noting that Paxton has maintained a comfortable lifestyle since his indictment, even garnering over $6 million in out-of-state properties. The departure of co-prosecutor Kent Schaffer from the case surprised many, as he revealed that he and Cogdell had reached an agreement in principle on Paxton avoiding prison time or fines in exchange for a period of supervision. However, Wice objected, insisting on proceeding with a full trial.
The prosecution swiftly replaced Schaffer with Houston-based attorney Jed Silverman, a move contested by Cogdell on the grounds of authority and a potential conflict of interest. Judge Beall rejected these objections, allowing Silverman's appointment as a prosecutor in the case.
After the hearing, Cogdell expressed Paxton's readiness to face a jury in the upcoming trial. As the date draws near, the eyes of Texas will be fixed upon the courtroom as the state's attorney general confronts the charges against him that have loomed over his career for nearly a decade.