Attorney General Ken Paxton sued the East Plano Islamic Center, Community Capital Partners and several of their leaders for allegedly engaging in an illegal land development scheme for the proposed EPIC City project.
“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,” Paxton said. “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.”
Paxton alleges that CCP, an entity formed by EPIC as a vehicle for purchasing and developing more than 400 acres in Hunt and Collin counties, violated securities laws, including engaging in fraudulent practices while soliciting funds…