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.
Originally published on Thu September 27, 2012 5:52 pm
The former CEO of Mamtek is fighting extradition to Missouri.
At a court hearing today in Santa Ana, California, Bruce Cole refused to be extradited, which means that he can’t be sent back to Missouri unless the Governor of California asks the court to order it. A spokeswoman for the Missouri Attorney General’s office says that request is being expedited.
The mental health care system is faced with diminishing resources, making it harder for people with psychiatric illnesses to find help. From police officers to school counselors, people outside of the system are working to fill the gaps. Project 573’s Angela Case explains how community hospitals are dealing with the problem, and takes you inside two units that provide this much-needed care.
A patent attorney who vouched for a Chinese artificial sweetener factory has testified that he became aware of concerns about the Chinese site before a deal closed to finance the construction of a similar plant in Moberly.
Los Angeles attorney Michael Wise testified yesterday by video conference after being subpoenaed by a special Missouri House committee investigating the failure of Mamtek U.S. Incorporated, which had been offered state and local incentives to open a factory in Moberly.
Governor Jay Nixon says his administration wisely handled the vetting of a Los Angeles-based company that began building an artificial sweetener plant in Moberly, then pulled out after missing its bond payment to the small northeast Missouri town.
This week: Yogurt businesses are booming in Columbia, but is it because of a preconceived notion? Mamtek International, based in Moberly, was suppose to bring 600 more jobs to the city but is now having financial difficulty. And Monday’s City Council meeting left Columbians unhappy with a new price increase.