Former Arkansas treasurer arrested - KNOE 8 News; KNOE-TV; |

Former Arkansas treasurer arrested

Posted: Updated:
MGN Online MGN Online

LITTLE ROCK, Ark. (KNOE 8 News/AP) - Former Arkansas Treasurer Martha Shoffner is due in court to enter a plea to charges she steered state investments to a bond broker who paid her $36,000 in cash.

Shoffner is scheduled to appear before U.S. Magistrate Judge Joe Volpe Thursday for her arraignment. Shoffner has said she plans to plead not guilty, but Volpe denied her request to waive her appearance at the hearing.

Shoffner was indicted June 5 on 14 federal counts of extortion and bribery charges. She was arrested at her Newport home last month after the FBI said it caught her on tape accepting a $6,000 payment from the broker, who hasn't been identified.

Shoffner resigned days after the arrest.

Shoffner has said she accepted the cash but did not intentionally steer investments to the broker.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KNOE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.