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Investor Accuses Austin Real Estate Mogul Of Fraud


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Investor Accuses Austin Real Estate Mogul Of Fraud
Law360 (May 25, 2021, 5:15 PM EDT) A Colorado man has accused Austin real estate investor Nate Paul of swindling him out of at least $1.3 million, claiming in a Texas state court lawsuit that Paul misled him into believing multiple real estate projects would be profitable.
Nicholas Wilder, as trustee of the Wilder Family Trust, alleged in a Dallas County District Court petition filed Monday that Paul and his company, World Class Capital Group LLC, induced him into investing more than $1.3 million in three Texas projects and one North Carolina project after they promised and assured him they could successfully identify undervalued properties and turn them. ....

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Allegations and other matters require investigation of Texas AG Paxton


DREW LANDRY
The Texas Attorney General (AG) is a unique position. It is a statewide elected post carrying a four-year term with no limits to the time of service. Article 4, Section 22 of the Texas Constitution along with amendments and laws give the AG the power to assist in enforcing child support, antitrust actions, Medicaid fraud investigation, victim compensation, consumer protection, and civil actions concerning insurance, banking, and securities. 
There are other statutory powers given to the AG but two important tasks stick out. One is to deliver opinions-an interpretation of the Texas and/or U.S. Constitution(s), statutes, or administrative rules. As the state’s top lawyer, the AG has a client to advise. So in this capacity, the AG may interpret laws or state a conflict exists with laws or the constitution(s). The opinions are not legally binding but they carry great weight. For instance, if state officials ignore the opinions, the AG will not defend them in cou ....

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