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Texas Attorney General Ken Paxton filed a lawsuit on Friday against the East Plano Islamic Center (EPIC), Community Capital Partners (CCP) and several associated leaders, accusing them of running an illegal securities and land development scheme tied to a proposed 400-acre community known as “EPIC City.”

The lawsuit, filed in Collin County, follows a monthslong investigation and a referral from the Texas State Securities Board. The state alleges the defendants raised tens of millions of dollars while violating securities laws, misleading investors about the project’s nature and location, and misrepresenting how funds would be used.

“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land

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