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Investor Accuses Austin Real Estate Mogul Of Fraud


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Investor Accuses Austin Real Estate Mogul Of Fraud
Law360 (May 25, 2021, 5:15 PM EDT) A Colorado man has accused Austin real estate investor Nate Paul of swindling him out of at least $1.3 million, claiming in a Texas state court lawsuit that Paul misled him into believing multiple real estate projects would be profitable.
Nicholas Wilder, as trustee of the Wilder Family Trust, alleged in a Dallas County District Court petition filed Monday that Paul and his company, World Class Capital Group LLC, induced him into investing more than $1.3 million in three Texas projects and one North Carolina project after they promised and assured him they could successfully identify undervalued properties and turn them. ....

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What Is Going on With Ken Paxton and Nate Paul?


So how much do you know about Nate Paul?
The two of us asked each other this question back in the summer of 2019, when Nate Paul s spots got raided by the FBI. Over the years, we d both acquired some knowledge about Paul and his World Class property empire that we hadn t seen in other coverage, enough to know that something about the story was really odd – his coming out of nowhere to acquire a set of high-visibility properties all over town, without evident plans to do anything with these assets, and then running into heavy financial weather almost immediately.
Ken Paxton is now nearly a household name across America – the ostensibly Christ-centered heir to the legal activism of his predecessors John Cornyn and Greg Abbott, always at the front lines of culture-war clashes, and in 2020 devoted to raising up Donald Trump and slapping down Texas and especially Austin Democrats in equal measure. ....

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