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AUSTIN — Real estate developer Nate Paul was fined $1 million and sentenced by a federal judge Wednesday to five years of supervised release and four months of home confinement with special ...
Nate Paul was sentenced to four months of home confinement, five years of supervised release, and a $1 million fine. The sentencing followed an 18-month federal investigation into Paul.
Nate Paul, once touted as a rising tycoon, has been sentenced in a federal fraud case after years of legal battles. To stream WFAA on your phone, you need the WFAA app. Download the WFAA app.
Paul was sentenced in March 2023 after he was accused of defrauding an Austin-based nonprofit. However, Paul appealed the punishment, claiming there was not enough evidence to support his conviction.
Nate Paul, 38, was also ordered by U.S. District Judge David Ezra to serve four months' home confinement at night, but he is allowed to leave for work and other appointments during the day.
The Travis County attorney on Monday sued eight companies owned by the embattled former Austin real estate developer Nate Paul seeking to collect millions in unpaid property taxes.