Attorney General Ken Paxton's criminal fraud trial set for May

 AUSTIN, Texas (AP) -- Texas Attorney General Ken Paxton is set to stand trial on criminal securities fraud charges in May.

The trial date finally set by state District Judge George Gallagher comes 18 months after Texas' top prosecutor was indicted on felony charges of defrauding wealthy investors.

Paxton has pleaded not guilty and faces 5 to 99 years in prison if convicted.

Federal securities regulators similarly accuse Paxton of duping investors in 2011, five years before he became attorney general. The Republican is accused of breaking the law by luring investors toward the high-tech startup Servergy Inc. without telling them the company was paying him.

A nearly identical civil case brought against Paxton by the U.S. Securities and Exchange Commission was thrown out by a federal judge. Federal regulators, however, are trying again.

Up Next:


  • Popular

  • Recent

WATCH FOX 7 NEWS LIVE

FOX 7 News streams at the following times (all times Central):


Monday - Friday

4:30 a.m. - 10 a.m.

12 p.m. - 12:30 p.m.

5 p.m. - 6 p.m.

9 p.m. - 10:30 p.m.

Saturday

6 a.m. - 8 a.m.

6 p.m. to 6:30 p.m.

9 p.m. to 10 p.m.

Sunday

6 a.m. - 8 a.m.

5 p.m. to 5:30 p.m.

9 p.m. to 10 p.m.



Schedule subject to change in the event of network sports coverage.

We also stream press conferences and other breaking news coverage from time to time. When we are not in a live newscast, you will see replays of the most recent broadcast.

To enter full screen Mode click the button.

For closed captioning, click on the button while in full screen mode.

Desktop/tablet users: To choose the stream's video quality, click on the button (while in full screen mode) and choose from 432p or 270p.

Mobile users:The video quality default is to your phone's settings.

Please allow time for buffering. If the stream stalls, refresh your browser. Thanks for watching

Stories You May Be Interested In - Includes Advertiser Stories