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Local & Regional News
Fri June 7, 2013
Former Ark. Treasurer to Appear in Court June 27
Former Arkansas Treasurer Martha Shoffner is due in court later this month over charges she accepted cash payments from a bond broker to whom she steered state investments.
Federal officials on Friday scheduled Shoffner's plea and arraignment hearing over the accusations. A federal grand jury on Wednesday indicted on 14 counts of extortion and bribery charges.
Shoffner resigned last month after the FBI arrested her at her Newport home. Prosecutors said she was caught on tape accepting a payment from the broker, who was cooperating with investigators.
A federal judge last week rejected Shoffner's attempt to plead guilty after she admitted accepting the payments but denied they affected her decisions as treasurer.
Shoffner will appear before U.S. Magistrate Judge Joe Volpe at 10 a.m. June 27.