Texas AG Ken Paxton cuts deal to pay $300K and avoid felony trial on fraud charges: 'Happy to comply'

Texas Attorney General Ken Paxton, a Republican, agreed to pay nearly $300,000 in restitution on Tuesday under a deal cut with federal prosecutors to suspend the fraud case.

Texas state Attorney General Ken Paxton, center, sits with his attorneys Dan Cogdell, right, and Tony Buzbee, left, during his impeachment trial in the Senate Chamber at the Texas Capitol on Tuesday, Sept. 5, 2023 in Austin, Texas. (Juan Figueroa/The Dallas Morning News via AP, Pool)

Cogdell said in a press conference Tuesday that Paxton is "happy to comply with the agreement" and avoid a federal trial. 

"We're glad to have this behind us. Eighteen months from now, or perhaps shorter, the case will be dismissed. There will never be a conviction, and Ken Paxton, at least today, can begin to go back and do what he should have been doing all along and that is representing the state of Texas."

"This was a case we knew in fact from the beginning they couldn't prove … on year nine, we still know they couldn't prove," Cogdell said. "You don't go to trial to prove your innocence, the Constitution says the exact opposite of that." 

TEXAS AG PAXTON ACQUITTED ON ALL IMPEACHMENT CHARGES: 'THE TRUTH PREVAILED'

The exterior of the Texas State Capitol is seen on Sept. 5, 2023 in Austin, Texas. (Brandon Bell/Getty Images)

The deal that gets Paxton off the hook, which requires him to pay full restitution to victims and complete 100 community service hours and 15 hours of legal education classes, is the second legal victory for the AG in recent months. 

In September 2023, Paxton was acquitted of all impeachment articles filed against him for corruption and unfitness for office. He had faced accusations that he misused his political power to help real estate developer Nate Paul — allegations that stemmed from a lawsuit filed by four former employees who reported him to the FBI. 

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Fox News' Chris Pandolfo and The Associated Press contributed to this report.

Jamie Joseph is a writer who covers politics. She leads Fox News Digital coverage of the Senate. 

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