bruce cole

Koster wants to track ex-Mamtek CEO with GPS

Person: Associated Press — Thu, 16 May 2013 22:24:57 +0000

Missouri prosecutors want a judge to let them keep closer tabs on the former head of a failed artificial sweetener plant in Moberly.

Former CEO of Mamtek released from Mo. jail

Associated Press — Tue, 26 Mar 2013 22:06:26 +0000

The former CEO of a failed artificial sweetener facility has been released from a Missouri jail after posting $10,000 bail while awaiting trial on theft and fraud charges.

Officials at the Randolph County jail say Bruce Cole was released Monday. He faces one theft charge and four counts of securities fraud stemming from the financial collapse of a Mamtek U.S. facility in Moberly in 2011.

Newscast for March 26, 2013

Kristofor Husted — Tue, 26 Mar 2013 21:53:27 +0000

Regional news coverage from the KBIA newsroom, including:

Missouri House rejects Democratic effort to expand Medicaid
Mamtek CEO makes bail
Rep. Hartzler and Mayor McDavid call for funding to keep airport tower open

Mamtek CEO waives preliminary hearing

Associated Press — Thu, 17 Jan 2013 23:51:31 +0000

The former CEO of a failed artificial sweetener facility in Moberly has waived his right to a preliminary hearing on charges of theft and securities fraud.

Mamtek investors to get small portion of money back

Associated Press — Fri, 21 Dec 2012 21:28:02 +0000

A bank says that most investors in the failed Mamtek factory project in Moberly will soon begin receiving small payments from a recent auction of the company’s equipment.

Judge denies Mamktek CEO lower bond

Associated Press — Fri, 14 Dec 2012 14:13:42 +0000

A Randolph County judge has refused to lower the $500,000 cash bond for the former CEO of a failed factory project in Moberly who is facing felony fraud charges.

Cameras allowed in court for Mamtek case

Associated Press — Wed, 05 Dec 2012 23:40:59 +0000

A central Missouri judge will allow media to have cameras, audio and video recording during court appearances by the former head of an artificial sweetener company now facing charges of theft and securities fraud.

Bruce Cole was chairman and CEO of Mamtek U.S. Inc., which received $39 million in industrial development bonds from the city of Moberly to build a sweetener plant. Construction stalled after a bond payment was missed. Authorities accuse Cole of using bond revenues for personal purposes and misleading investors.

Low interest in Mamtek leftovers at Mo. auction

Associated Press — Wed, 24 Oct 2012 22:20:20 +0000

An auction of assets left from a failed artificial sweetener factory in Moberly is drawing curious onlookers but few big buyers.

The auction of Mamtek U.S. property drew more than 20 prospective bidders Wednesday morning to a Moberly hotel ballroom, joined by online participants.

Buyers sought deals on individual pieces of equipment owned by Mamtek, but no one submitted a bid for the company's real estate or its intellectual property.

Former Mamtek CEO granted Missouri public defender

Associated Press — Tue, 23 Oct 2012 16:16:24 +0000

The former CEO of a failed sweetener facility is back in Missouri to face charges that he spent public money intended for the planned Moberly factory for his personal use.

Ex-Mamtek U.S. Inc. head Bruce Cole faces fraud and stealing charges after plans to build the plant collapsed. Prosecutors say he used some of the money from a $39 million bond to avoid foreclosure on his Beverly Hills home.

Former Mamtek CEO now jailed in Missouri

Associated Press — Mon, 22 Oct 2012 12:56:31 +0000

The former CEO of a proposed sweetener facility is in jail in Missouri after giving up his fight against being extradited from California.

Ex-Mamtek U.S. Inc. head Bruce Cole faces fraud and stealing charges after plans to build a sweetener plant in Moberly collapsed. Prosecutors said he used some of the money from a $39 million bond to avoid foreclosure on his Beverly Hills home.