Skip to main content
CadNews - Comparative News Analysis
Topics
Sign in
Back to brief

Politics · October 23, 2026

Ken Paxton Says He’s Tough on Crime. His Trust Invested $600,000 in a Convicted Fraudster’s Company.

Part of: Texas Senate: Paxton vs. Talarico →
2 sources →

Texas Attorney General Ken Paxton and his wife, State Senator Angela Paxton, are under scrutiny after reports surfaced that their blind trust invested $600,000 in a business owned by Scott Sherman, a convicted fraudster. Records from Paxton's 2023 impeachment investigation suggest the trust was not operating independently, as the Paxtons allegedly received tens of thousands of dollars from the investment while the company, Wildcatter, was failing to pay local taxes. The revelation comes as Paxton faces a challenging U.S. Senate race against Democrat James Talarico.

Read the original coverage

Reported across the spectrum

  • Ken and Angela Paxton's blind trust invested $600,000 in Scott Sherman’s business, Wildcatter.
  • Scott Sherman is a convicted fraudster who served a federal prison sentence for mortgage fraud.
  • The investment was revealed through previously unreleased records from Ken Paxton's 2023 impeachment investigation.
  • Wildcatter and related entities failed to pay some local taxes to school districts and governments.
  • The Paxtons received tens of thousands of dollars from Wildcatter-related companies during the attorney general’s impeachment period.

Reported by only some outlets

  • Ken Paxton is currently in a tight U.S. Senate race against Democrat James Talarico.
  • Wildcatter Sand Services and Grayson County Sand and Gravel were built by Sherman and his father.

About these outlets

CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.