Must-Win MAGA Candidate Exposed Blaming Wife in Fraud Probe

Key Points:

• A leaked 2014 deposition reveals Texas Attorney General and Senate candidate Ken Paxton frequently claimed not to remember details and blamed his estranged wife when questioned about fraud allegations in an SEC investigation involving a tech start-up, Servergy Inc.
• The SEC probe focused on whether Paxton concealed compensation from Servergy for recruiting investors, with Paxton denying memory of key emails and denying performing services for the company despite tax returns showing payments for legal services.
• Paxton admitted receiving 100,000 shares of Servergy stock as a gift from the company's founder, Bill Mapp, which he disclosed on state ethics reports but may have violated Texas rules by not reporting it as a gift.
• The SEC fraud case against Paxton was dismissed in 2017, and Paxton’s campaign dismissed the deposition leak as a political distraction, claiming he has been unfairly targeted for years.
• Paxton’s estranged wife, Angela Paxton, who filed for divorce citing infidelity, was implicated in handling his tax returns; she declined to comment on the deposition leak.