Austin real estate developer with ties to Texas AG Ken Paxton sentenced in fraud case

TRAVIS COUNTY, Texas — A multi-year legal saga has finally ended for Texas real estate developer Nate Paul.

Paul was finally sentenced in his federal fraud case after he reached a plea deal in January. Paul pleaded guilty to one count of making false statements to a financial institution and had the rest of his charges dropped.

On Wednesday, a judge sentenced Paul to one day of custody, which was already served, four months of home confinement, five years of supervised release — along with a $1 million fine. Paul initially faced up to six months in prison…

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