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

MORE: Real estate developer Nate Paul agreed to plead guilty Wednesday to one charge of making false statements to a lending ...

Nate Paul pleaded guilty in federal court to a financial crime. As part of the deal, Paul faces up to six months behind bars.

The Austin-based investor is accused of defrauding banks and investors to secure $172 million in loans and investments.

Read more Both sides are apparently considering a plea agreement in the federal criminal case of real estate developer Nate ...

Nate Paul's lawyers are arguing two motions in federal court that could have a major impact on his bank and wire fraud case.

AUSTIN (KXAN) — Both sides are apparently considering a plea agreement in the federal criminal case of real estate developer Nate Paul, who faces a dozen counts of bank and wire fraud ...

AUSTIN (KXAN) — Both sides are apparently considering a plea agreement in the federal criminal case of real estate developer Nate Paul, who faces a dozen counts of bank and wire fraud, according to ...