This fucker

UH OH SKETTI-O SOMEBODY IS IN TROUBLE AGAIN. Even more trouble, actually:

Federal securities regulators filed civil fraud charges Monday against Texas Attorney General Ken Paxton over recruiting investors to a high-tech startup before becoming the state's top prosecutor.

The U.S. Securities and Exchange Commission filed the lawsuit against Paxton and former executives of Servergy Inc. Paxton is already under felony criminal indictment in Texas over allegations that he defrauded wealthy investors in the company in 2011. [...]

Paxton, a Republican, has pleaded not guilty to the criminal charges and has repeatedly said he won't resign. If convicted of the criminal charges, he could face five to 99 years in prison. [...]

The lawsuit filed in federal court in North Texas accuses Paxton of helping raise $840,000 for Servergy and being paid in the form of 100,000 shares of Servergy common stock. Regulators accuse Paxton of not telling investors of his arrangement with the company.

WUH-WOH SAD TROMBONE! Just foolin', this guy is a grade-A fuckbag. The company might have been even fuckbaggier: basically, the company president was like "hey, rich investor folk, invest in these super-duper high-tech computer servers, they are so cutting edge!" And then he went and stocked up on them at Radio Shack.

[wonkbar]<a href=""></a>[/wonkbar]Remember how last year we told you how Paxton might get to go to jail forever for securities fraud? This is the same thing, but the civil, federal version as opposed to the criminal investigation that led to his indictment last year. His appeals on the criminal thing will be taken up in May.

And hey, Wonkette believes in innocent until proven guilty, even if people are grade-A fuckbags. But let's just say that if he IS guilty, we will not be sad to watch him go away.

[wonkbar]<a href=""></a>[/wonkbar]This is the guy who was such a petulant asshole he wouldn't amend the death certificate of a dying man's dead husband, because he thinks gays are gross and he shouldn't have to obey the Supreme Court's ruling on gay marriage. And as the JoeMyGod blogotubes website points out, Paxton is also under investigation in the ethics violation sort of way, because he told county clerks to disobey that SCOTUS ruling.

[wonkbar]<a href=""></a>[/wonkbar]He also thinks that if ladies work for religious organizations who don't think it's Good Lady Morals to use slut pills, that those ladies shouldn't be able to procure slut pill coverage by other means, because that would require said religious organizations to fill out a form that says, "We don't likey the slut pills, so please excuse us from providing them." Because then what would happen? Uh obviously ladies would get slut pills and didn't we just say religious employers say that's a sin?

The point is fuck Ken Paxton, and we sure do mightily hope justice is served REAL good for him, REAL soon.

[Talking Points Memo via JoeMyGod]

Evan Hurst

Evan Hurst is the senior editor of Wonkette, which means he is the boss of you, unless you are Rebecca, who is boss of him. His dog Lula is judging you right now.

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