Ethics panel studies donors financing Texas AG’s defense

HOUSTON (AP) — The Texas Ethics Commission is circulating a draft opinion saying Attorney General Ken Paxton could use out-of-state donors to finance his defense in a felony securities fraud case.

The Houston Chronicle reports the draft opinion was disclosed ahead of a Monday commission meeting. It says a state employee could accept a donor’s help “if the donor’s only connection with the jurisdiction of the public servant … is the act of giving the benefit.”

Paxton is accused of deceiving wealthy investors by helping convince them to pump more than $100,000 into a tech startup without revealing that he was being paid by the company, Servergy Inc.

The alleged fraud occurred while he was serving in the Texas Legislature.

- FWBP Digital Partners -

Paxton can’t use existing campaign funds to finance his defense.