Texas State Attorney General Ken Paxton has sued East Plano Islamic Center (EPIC) and the Community Capital Partners (CCP) in Texas for "engaging in an illegal development scheme that violated Texas securities law." He alleged that the group was running an illegal securities scheme tied to a 400-acre community that was going to be known as "EPIC City."
"The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets," Paxton said in a press release. "I will relentlessly bring the full force of the law against anyone who thinks they can ignore the rules and hurt Texans. The unlawful land project known as EPIC City will be stopped, and those responsible will be barred from ever creating another fraudulent operation like this again."

Investigators have also alleged that the developers did not take reasonable steps to verify those who were supposed to be accredited investors in the project.
The lawsuit alleged,
"The Defendants devised a scheme to publicly sell what they described as 'shares' which provided an 'interest in a limited partnership' (the Units') and warrants to acquire Units to raise the equity for the development of EPIC City (the 'Offering Scheme')to accredited investors. Over 50% of the instruments were sold in Texas and offered pursuant to an offering circular referred to as the 'Confidential Private Placement Memorandum.'"Investigators also alleged that over $1 million in investor funds were withdrawn for operating expenses. Paxton first announced his investigation into the EPIC City project in March 2025. He has asked that all funding tied to the project be frozen and appointed to a receiver and that the court impose financial penalties of up to $20,000 per violation.





Reader Comments
but you can rest assured some money out of Texas was used to support this place - so one wonders just how far the AG will go - cause you may end up in Midland-Odessa area on this - and if so - my council as an objective observer had some experience with Tejas - just take it to conclusion - from a legal standpoint.
Lets the chips fall where they will!
Happy Holidays to my kin in Tejas - love you all.
Ken
Quite frequently quite untrustworthy in business.
It's a cultural thing, not a racial bias."