Head of World Class Holdings could face six months in federal prison and a $1 million fine for lying to lenders.

The former Austin real estate developer faces up to six years in prison. He will be sentenced in the coming weeks.

The real-estate developer is known for his involvement with Texas AG Ken Paxton following a 2020 whistleblower lawsuit.

Nate Paul was the chief of World Class Holdings, a company with myriad sub-businesses and, at one point, over $1 billion in ...

Nate Paul's guilty plea will drop other counts against him, including wire fraud. Austin area real estate developer Nate Paul ...

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The government recommended Nate Paul receive a maximum of six months in prison and five more years of supervised release as well as a fine of up to $1M.

The embattled real estate character is expected to get six months in jail after prosecutors dropped most charges.

Copyright 2025 The Associated Press. All Rights Reserved. Dr. Love Paul, left, Pearl Paul, and their son Nate Paul, right, ...

TRAVIS COUNTY, Texas — Real estate developer Nate Paul reached a plea deal today in his federal fraud case. Paul pleaded guilty on one count of making false statements to a financial institution ...