Another white man up to no good in white people’s rigged hood perhaps. Fifty two year old Ken Paxton, a current Attorney General of the state of Texas, faces two counts of securities fraud and one count of failing to register with Texas state securities regulators. These are all felony charges he faces.
Allegedly, this white man lied to investors and milked them of six hundred thousand dollars. Ken Paxton seems so sure of himself he is scene smirking during his police mug shot. Perhaps he knows something we don’t like his charges will become white washed?
He is a current Repugnant I mean Republican and is a Tea party member. Those charges he faces could land him in prison for life. He went through a dog and pony show with police and later bonded out of jail.
Ken Paxton’s father is “ex” military. Amazing how military connections seem to creep up in America. Anyways, this white man allegedly failed to notify his investors, that he received one hundred thousand shares of Servergy as compensation.
Also, he failed to disclose to his clients that he used personal money to invest in this Servergy company. These are against the white mans rules when it comes to securities exchange. Ken Paxton failed to register as an investment adviser for Servergy.
Last May of two thousand and fourteen, he was fined one thousand dollars and reprimanded for this. Also, he might be part of investor fraud with a company called Mowery Capital Management. There is another investigation by the Securities Exchange Commission of a Dallas area company with his name on a federal court document tied to that company.