LISTEN LIVE KPR - On Air: Listen Live to classical, jazz and NPR news Schedule LATEST
KPR 2 - On Air: Listen live to KPR's all talk-radio service, KPR2 Recordings

Share this page              

Texas Attorney General Turns Himself In On Fraud Charges

Attorney General Ken Paxton was booked on three felony securities fraud charges in Texas on Monday morning.

Facing securities fraud charges, Texas Attorney General Ken Paxton turned himself in at a jail in Collin County, Texas, on Monday morning. A grand jury recently indicted Paxton on three felony charges that accuse him of misleading investors into a technology company.

"Two of the charges — first-degree felony securities fraud — carry the possibility of hefty jail sentences," reports member station KUT in Austin.

KUT adds, "Paxton can legally remain in office while under indictment, as the case could take years to run through trials and appeals."

Noting that Collin County is known for placing a white towel around all suspects' necks, to minimize any possible biases in their appearance, local TV Fox 4 News says that this morning, the Texas attorney general "was allowed to take a mugshot without the white towel around his neck."

The station says that Paxton "immediately posted his $35,000 bond and was released. He left again with his security team."

From Dallas, NPR's Wade Goodwyn reports more details about the charges, for our Newscast unit:

"Paxton is accused of fraud, of deceptively luring investors in 2011 into bankrolling a Texas technology company called Servergy. Paxton is charged with misleading his clients by failing to inform them that he was receiving a commission from Servergy for lining up investors.

"Paxton allegedly pretended to be an investor in the company himself. The attorney general has denied the charges."

News that Paxton had been indicted broke over the weekend. As the Two-Way reported, the charges also accuse Paxton of failing to register as an investment adviser or representative.

Copyright 2015 NPR. To see more, visit

Tower Frequencies

91.5 FM KANU Lawrence, Topeka, Kansas City
89.7 FM KANH Emporia
99.5 FM K258BT Manhattan
97.9 FM K250AY Manhattan (KPR2)
91.3 FM  KANV Junction City, Olsburg
89.9 FM K210CR Atchison
90.3 FM KANQ Chanute
96.1 FM K241AR Lawrence (KPR2)

See the Coverage Map for more details

Contact Us

Kansas Public Radio
1120 West 11th Street
Lawrence, KS 66044
Download Map
785-864-4530 (Main Line)
888-577-5268 (Toll Free)