AUSTIN, Texas (KMID/KPEJ)- Texas Attorney General Ken Paxton has filed a lawsuit against the East Plano Islamic Center, Community Capital Partners, and several leaders involved in a proposed residential development known as “EPIC City,” accusing them of violating state securities laws.
Paxton’s office alleges the groups used Community Capital Partners, an entity formed by the center, to raise money for more than 400 acres in Hunt and Collin counties.
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Attorney General Paxton. “I will relentlessly bring the full force of the law against anyone who thinks they can ignore the rules and hurt Texans. The unlawful land project known as EPIC City will be stopped, and those responsible will be barred from ever creating another fraudulent operation like this again.”…