Ken Paxton and his wife, Angela Paxton, invested $600,000 in a business run by a convicted fraudster through a blind trust that was not properly shielded.

Ken and Angela Paxton invested $600,000 in a convicted fraudster's business (The Texas Tribune) https://www.texastribune.org/2026/10/23/ken-paxton-angela-blind-trust-investment/ http://www.memeorandum.com/261023/p81#a261023p81

Ken Paxton’s Ties to Convicted Fraudster Exposed via phony Blind Trust Texas Attorney General Ken Paxton and his wife, state Senator Angela Paxton, invested $600,000 into a business run by a man convicted of fraud. The Texas Tribune reports that the Paxtons gave the cash to a construction materials business run by Scott Sherman, a home builder who pleaded guilty to mortgage fraud in 2014, through what was presented to the public as a blind trust. In reality, the Paxtons’ business activities were not shielded, as should be the case in a blind trust. According to the Tribune, which cited previously unreleased records from Ken Paxton’s 2023 impeachment investigation, Sherman’s companies sent the Paxtons thousands of dollars while they were facing mounting tax debts. Ken Paxton was investigated by the Texas state legislature and was eventually acquitted. Now he’s Texas’s Republican nominee for the U.S. Senate in a tight race with Democratic challenger James Talarico. Paxton’s business dealings fly in the face of his public statements. He said in a news release last year that “in Texas, we fight fraud head-on and will not rest until every last corrupt actor is brought to justice.” Ethics experts told the Tribune that his activities undermine his position as Texas’s top law enforcement official https://newrepublic.com/post/217084/ken-paxton-convicted-fraudster-invest