Ken and Angela Paxton invested $600,000 in convict's construction materials business

Who's involved

• Ken PaxtonTexas Attorney General
• Angela PaxtonState Senator
• Scott ShermanHome builder and business owner
• James TalaricoState lawmaker, Democrat, opponent of Ken Paxton in U.S. Senate race

The facts

• Scott Sherman completed a federal prison sentence for mortgage fraud before his construction materials business received investment.^{1 2} Stated by 2 sources
• The Paxtons invested $600,000 through a blind trust into Wildcatter Sand Services and Grayson County Sand and Gravel.^{1 2} Stated by 2 sources
• Records from the 2023 impeachment investigation show the blind trust did not shield the Paxtons from Wildcatter business dealings.^{1 2} Stated by 2 sources
• Some Wildcatter companies stopped paying taxes to local governments including school districts.^{1 2} Stated by 2 sources
• Wildcatter companies wired the Paxtons tens of thousands of dollars during Paxton's impeachment.^{1 2} Stated by 2 sources
• Paxton was acquitted by the Legislature on corruption and bribery charges and is running for U.S. Senate against Democrat James Talarico.^{1 2} Stated by 2 sources

Who said what

These are statements and claims made by the people involved. They are reported, not verified.

• Ken Paxton As Attorney General, he has made big pharma and fraudsters pay billions.^{1 2}
• Ethics experts quoted by ProPublica and The Texas Tribune Doing business with a recently convicted felon erodes public trust in Paxton's role as top anti-fraud watchdog.^{1 2}