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.

Paul at that time was also sentenced to five years of supervised release, including four months of home confinement. Paul in 2023 was indicted in a dozen federal financial crimes cases.

Austin real estate developer Nate Paul exits a federal courtroom in Austin on Feb. 16, 2024, following a hearing to reset the trial date in his bank and wire fraud case. (KXAN Photo/David Barer) News ...