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Austin-based real estate developer Nate Paul begins jail sentence

Paul, an associate of Texas Attorney General Ken Paxton, will serve 10 days in the Travis County Jail starting on Nov. 15.
Credit: Austin Police Department
Photo courtesy of the Austin Police Department.

TRAVIS COUNTY, Texas — Nate Paul, a real estate developer and associate of Texas Attorney General Ken Paxton, started his 10-day jail sentence on Friday. 

The 37-year old must serve time at the Travis County Jail on criminal content charges through Nov. 25, according to an Order of Commitment from the Travis County District Clerk. 

Paul was originally sentenced in March 2023 after he was accused of making false statements to an Austin-based nonprofit. However, he appealed the charge, claiming there was not enough evidence in the allegations against him. He also said he was not informed of the accusations in a timely manner. 

On March 18, 2024, a Travis County judge ordered Paul to start his 10-day sentence by April 1. But on March 19, the Texas Supreme Court issued a stay in his case. 

Paul's previous legal issues

The developer has faced a series of additional legal troubles in the past. Most notably, Paul is known for his involvement with Paxton after a whistleblower lawsuit alleged that the AG helped Paul gain access to investigative documents that were related to a 2019 FBI search of Paul’s business and home.

Then, in June 2023, Paul pleaded not guilty to eight charges of falsifying statements to banks in both 2017 and 2018. The banks allegedly loaned him over $170 million. Paul's original court date was pushed from fall 2023 to November of this year.

Also, in November 2023, Paul was charged with four additional counts of wire fraud after court documents claimed Paul allegedly conspired to obtain money from limited partners by falsely representing that he would isolate the partnerships assets to be used only for the benefit of the partnership.

Those additional charges were one count of conspiracy to commit wire fraud and three counts of wire fraud.

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