Texas Attorney General Ken Paxton reached a deal with prosecutors to dismiss felony fraud charges and avoid a possible prison sentence if convicted at trial. The pre-trial agreement states the prosecution will drop three felony charges, with Paxton paying close to $300,000 in restitution, and will require that he complete 15 hours of legal ethics education and 100 hours of community service.
Paxton released a statement on the agreement:
For over a decade, my family and I have been dealing with the ongoing stress of these accusations and are relieved to finally have a resolution in this matter. The prosecution came to us to begin negotiations and we were able to come to an agreement on terms. There will never be a conviction in this case nor am I guilty.
I look forward to putting this behind me. I want to thank my family, team, and supporters for sticking by my side. Dealing with a 10-year case looming over our heads was no easy task. I am glad to move on and will provide further comment in the weeks ahead.