Tagged: martha shoffner

The One-Way Test (Gwen Moritz Editor's Note)

by Gwen Moritz 11/16/2015 12:00 am

At virtually every meeting, Rotarians recite “The Four-Way Test of the Things We Think, Say or Do,” but I keep my mouth shut. I’m fine with the first two — Is it the truth? Is it fair to all concerned? — because those are my personal and professional goals at all times. But the parts about building goodwill and friendship and being beneficial to all concerned — well, the things I’m paid to think, say and do don’t always pass those tests.

Former Arkansas Treasurer to Begin Prison Sentence

by Associated Press 11/2/2015 12:37 pm

A former Arkansas treasurer convicted of bribery and extortion charges is scheduled to begin her 30-month federal prison sentence.

Martha Shoffner Ready To Report to Prison

by Arkansas Business Staff 10/26/2015 12:00 am

The former state treasurer, convicted in March 2014 of six counts of extortion, one count of attempted extortion and seven counts of bribery, is scheduled to begin her 30-month sentence in federal prison next Monday.

At the Martha Shoffner Sentencing, Questions Over 'Benefit,' Jurisdiction

by Gwen Moritz 8/28/2015 2:13 pm

Prosecutors scored point after point Friday, but U.S. District Judge Leon Holmes sentenced former State Treasurer Martha Shoffner to 30 months in federal prison — less than half the time that the U.S. Attorney's office sought.

Update: Judge Sentences Martha Shoffner to 30 Months in Prison

by Claudia Lauer, The Associated Press 8/28/2015 2:08 pm

U.S. District Court Judge Leon Holmes on Friday sentenced former Arkansas Treasurer Martha Shoffner to 30 months in federal prison, followed by two years of supervised release.

Securities Department Seeks Steele Stephens Fine Payment

by Sean Beherec 7/8/2015 10:27 am

The Arkansas Securities Department has filed a complaint against Steele Stephens, stating he has not yet paid a $20,000 fine that was ordered in May.

Shoffner Prosecutors Get More Time to Respond to Filing

by Associated Press 5/8/2015 7:49 am

Federal prosecutors are being given more time to respond to a filing by the attorney for convicted ex-Arkansas Treasurer Martha Shoffner.

Lawyer for Martha Shoffner Challenges Possible Sentence

by Associated Press 5/1/2015 3:37 pm

An attorney for former Arkansas Treasurer Martha Shoffner is objecting to a presentencing report that suggests she spend at least 15 years in prison for bribery and extortion convictions.

Consent Order Imposes $25k Fine on St. Bernard

by Arkansas Business Staff 3/6/2015 2:47 pm

St. Bernard Financial Services Inc. of Russellville will pay a $25,000 fine to the Arkansas Securities Department for failing to properly supervise broker Steele Stephens.

The Top 10 Business Stories of 2014

by Arkansas Business Staff 12/30/2014 7:12 pm

Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014.

Hearing Officer Appointed in Steele Stephens, Robert Keenan Cases

by Lance Turner 12/2/2014 1:40 pm

Arkansas Securities Commissioner A. Heath Abshure said Tuesday that he has appointed Jack Pruniski of Hilburn Calhoon Harper Pruniski & Calhoun of Little Rock as hearing officer in the cases of Steele Stephens and Robert Keenan.

Mail Fraud Charges Dropped Against Martha Shoffner

by Associated Press 11/26/2014 3:56 pm

A federal judge dismissed mail fraud charges against a former Arkansas treasurer Wednesday and directed officials to work on recommendations for a penalty for her previous conviction on 14 bribery and extortion counts.

US Attorney Files to Dismiss Mail Fraud Charges Against Martha Shoffner

by Gwen Moritz 11/25/2014 3:28 pm

U.S. Attorney Chris Thyer of the Eastern District of Arkansas says his office has filed a motion to dismiss the mail fraud charges against former Arkansas Treasurer Martha Shoffner.

Steele Stephens Could Still Face Fines over Shoffner Bribes

by Arkansas Business Staff 11/24/2014 12:00 am

Federal prosecutors gave Steele Stephens immunity from prosecution and let him keep the millions in bond sales commissions he received from the business relationship that resulted in the criminal conviction of former state Treasurer Martha Shoffner.

Guilty Plea Rejected, Martha Shoffner's Trial Set for February

by Gwen Moritz 11/10/2014 4:04 pm

A federal judge on Monday rejected Martha Shoffner's plea of guilty to a single count of mail fraud because the former state treasurer could not admit that she raised campaign funds with the intention of spending the money on personal expenses.

Change-of-Plea Hearing Set for Martha Shoffner

by Associated Press 11/6/2014 4:08 pm

A change-of-plea hearing has been scheduled for a former Arkansas state treasurer accused of misspending campaign funds on personal items.

Russellville Financial Adviser David Crain Fined $5,000

by Gwen Moritz 8/11/2014 2:54 pm

W. David Crain, a former representative of St. Bernard Financial Services of Russellville, has agreed to a $5,000 fine and more than $4,100 in restitution for his handling of a widow's account.

Securities Department, Crain Clash Over Post-Shoffner Subpoena

by Arkansas Business Staff 5/5/2014 12:00 am

You may know that the Arkansas Securities Department is after W. David Crain, a CPA who worked for St. Bernard Financial Services Inc., the Russellville firm under fire for employing Steele Stephens, a broker who bribed former state treasurer Martha Shoffner.

French Hill Criticized in GOP Debate Over Donation

by Andrew DeMillo, The Associated Press 4/20/2014 4:44 pm

Republican congressional hopeful French Hill fended off criticism during a debate Saturday as his two rivals highlighted the Little Rock banking executive's donation to a former Democratic state treasurer's campaign and his support of a local sales tax measure.

Judge Rules Martha Shoffner Corruption Conviction Will Stand

by Christina Huynh, The Associated Press 4/15/2014 5:05 pm

A federal judge has upheld the corruption conviction of Arkansas' former treasurer, rejecting her request to have the case heard by state authorities.


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