Angela Paxton invests in Scott Sherman's business via blind trust
What happened
Angela Paxton invested $600,000 into Scott Sherman's construction materials business through a blind trust. Records from Ken Paxton's 2023 impeachment investigation show that the trust was not truly blind and did not shield the Paxtons from business dealings. Furthermore, businesses owned by Scott Sherman had previously wired tens of thousands of dollars to the Paxtons during Ken Paxton's impeachment proceedings.
From propublica.org
Why it matters
The investment occurred while Angela Paxton was running for U.S. Senate. The reports indicate that the trust established for Ken Paxton and Angela Paxton was criticized for failing to obscure their business involvement with Scott Sherman's enterprise.
This event is part of a collection of updates covering the campaign status and personal life of Ken Paxton and James Talarico.
From propublica.org
Who's involved
- Angela PaxtonInvested capital into Scott Sherman's construction materials business.
- Scott ShermanOwner of the construction materials business that received the investment.
- James TalaricoCompetitor in the U.S. Senate race against Ken Paxton.
- Ken PaxtonAttorney General whose impeachment investigation records revealed the trust was not blind.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Paxtons' investment scandal raises questions about Texas political ethicsThe Paxtons' investment scandal raises questions about Texas political ethics.Likely
- How could Angela Paxton's investment in Scott Sherman's business affect James Talarico?Paxton's investment in construction firm may hurt her Senate bidLikely
Keep exploring
The entities involved
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Angela Paxton
American politician (born 1963)
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Scott Sherman
researcher (ORCID 0000-0003-1752-7303)
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