Austin Real Estate Developer Nate Paul’s Arrest, What We Know So Far

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Austin Real Estate Developer Nate Paul’s Arrest, What We Know So Far
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Nate Paul, the Austin real estate developer whose alleged bribes of Ken Paxton were central to the A.G.’s impeachment, is currently sitting in the Travis County Jail.

, the Austin real estate developer whose alleged bribes of Texas Attorney Generalwere central to the A.G.’s impeachment last month, is currently sitting in the Travis County Jail.

The FBI arrested Paul on a federal warrant and booked him just before 5pm Thursday, per a spokesperson for the Travis County Sheriff’s Office.pointed out in a Thursday Tweet that attorneys representing people under federal investigation can normally work with the Department of Justice to schedule a court summons to avoid being held in jail.

reporter Lauren McGaughy interviewed Dan Cogdell, one of the A.G.’s defense attorneys, who told her that the FBI did not try to reach him ahead of Paul’s arrest, but said he assumes the charges involve Paxton. “You don’t have to be Nostradamus to assume that they’re going to try to flip Nate Paul to testify against Ken [Paxton]. I don’t know that for a fact. But I’d be very surprised if that wasn’t the case. Because otherwise, you know, logically [the FBI] would have arrested them both at the same time,” Cogdell said in the interview.

It’s not the first time the FBI has investigated Paul, who at one time was one of Austin’s wealthiest real estate owners. In 2019, thesome of Paul’s local properties, and Paul filed for more than a dozen bankruptcies. When some of Paxton's top lieutenants pointed out to Paxton that his strange moves to help Paul after the search and bankruptcy were illegal, Paxton fired them, and so the dominoes fell. They filed a whistleblower lawsuit against Paxton in 2020, Paxton agreed to a $3.

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