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Duncan’s sprawling debts trail Texas land foreclosure
Walter T. Duncan, once the era’s largest listed political donor, faced a cascade of financial and legal troubles after a 220‑acre Texas land loan went unpaid. Foreclosure sales, securities actions, and investigations followed his $200,000 donor burst, with IRS and grand juries probing ongoing dealings tied to a 1969 land scheme and a Sharpstown‑era loan.
MENTIONED IN THIS ARTICLE
Bryan, Tex
Walter T. Duncan
Texas
Duncan
Nixon
FSI
Internal Revenue Service
Federal Deposit Insurance Corp
Federal
East Texas
San Antonio
Gulf Oil Corp
Texas Land Affairs
Austin
Insurance Company
Texas State Insurance Examiners
National Bankers Life
Sharpstown State Bank of Houston
Travis County