News came last night from the folks at Texas Lawbook:
Lawyers with knowledge of the federal inquiry told The Texas Lawbook that the investigation focuses on Watkins’ decision to seek criminal mortgage fraud charges against oil heir Al Hill III in 2010.
Those lawyers, who describe the federal investigation as “extremely serious” and “very active,” said it concerns whether Watkins brought the charges against Hill III because one of his political contributors asked him to do so or because he thought it would please his supporters.
The U.S. Attorney for the Eastern District of Texas is also involved in the investigation.
