Texas AG Sues Colony Ridge for Fraud and Deceptive Practices

The lawsuit alleges targeting of Hispanic consumers and selling of uninhabitable land, amidst broader scrutiny of the development's practices.

Texas Attorney General Ken Paxton has filed a lawsuit against Colony Ridge, a housing development in Liberty County, alleging deceptive trade practices and fraud.
The lawsuit accuses Colony Ridge of targeting Hispanic consumers with limited or no access to credit, promising cheap land and financing without proof of income, then foreclosing on the properties.
Colony Ridge is also accused of selling flood-prone land without necessary infrastructure like water, sewer, or electricity, setting up buyers for failure with unaffordable loans.
The development has been criticized for creating a safe haven for crime, drug cartels, and undocumented immigrants, with allegations of attracting illegal alien settlement.
The lawsuit is part of a broader scrutiny of Colony Ridge, including a federal lawsuit and investigations into its business practices and impact on surrounding communities.