Texas attorney general charged with federal securities fraud

FILE - In this July 29, 2015 file photo, Texas Attorney General Ken Paxton speaks during a hearing in Austin, Texas. Federal securities regulators have filed civil fraud charges against Paxton, Monday, April 11, 2016, over recruiting investors to a high-tech startup before becoming the state's top prosecutor. (AP Photo/Eric Gay)AUSTIN, Texas (AP) — Federal securities regulators charged Texas Attorney General Ken Paxton Monday with four civil counts of fraud, piling on more legal troubles for the Republican already under criminal indictment for allegations that he deceived friends and wealthy investors — at least once with high-pressure tactics.

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