Ex-Mamtek CEO Appearing In Court On Fraud Charges

4 years 6 months 4 weeks ago Thursday, January 17 2013 Jan 17, 2013 Thursday, January 17, 2013 3:10:11 AM CST January 17, 2013 in News
By: Associated Press

MOBERLY, Mo. (AP) - The former CEO of a failed artificial sweetener facility in Moberly is due in court for a preliminary hearing on charges of theft and securities fraud.

The hearing set to begin Thursday will determine whether the Missouri attorney general's office has submitted enough evidence to put Bruce Cole on trial.

Cole was chairman and CEO of Mamtek U.S. when it received $39 million of industrial development bonds from the city of Moberly to build an artificial sweetener facility.

Gov. Jay Nixon had said Mamtek could eventually employ 600 people. But the company's finances fell apart in 2011 before construction ever could be finished.

One of the charges alleges that Cole used some of the bond revenues to avoid foreclosure on his home in Beverly Hills, Calif.

 

More News

Grid
List
COLUMBIA - KOMU 8 News sat down Wednesday with University of Missouri political science professor Cooper Drury to get an... More >>
6 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 8:36:00 PM CDT August 16, 2017 in News
SEDALIA - The total solar eclipse will attract huge crowds to mid-Missouri, but the last time there was a massive... More >>
7 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 7:35:00 PM CDT August 16, 2017 in News
COLUMBIA - Police released the results of an autopsy investigation following the death of a 4-year-old boy in May, ruling... More >>
10 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 4:15:00 PM CDT August 16, 2017 in Continuous News
COLUMBIA - Local healthcare providers and state representatives met at a town hall Wednesday to discuss fallout from Gov. Eric... More >>
11 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 3:58:00 PM CDT August 16, 2017 in News
COLUMBIA – Ameren Missouri looked to educate the Columbia Fire Department about natural gas and how to find signs of... More >>
11 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 3:18:00 PM CDT August 16, 2017 in News
JEFFERSON CITY - Federal prosecutors announced Wednesday a Columbia man pleaded guilty for his role in a plan to smuggle... More >>
11 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 3:10:40 PM CDT August 16, 2017 in News
COLUMBIA - Several of Missouri's legislators responded Wednesday to the violence from Charlottesville over the weekend. KOMU 8 News... More >>
13 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 1:24:00 PM CDT August 16, 2017 in News
ST. LOUIS (AP) — The nation's largest pharmacy benefit manager will soon limit the number and strength of opioid... More >>
13 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 1:15:51 PM CDT August 16, 2017 in News
LADDONIA - Water issues have recently erupted for the around 500 residents of the small town of Laddonia in... More >>
14 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 1:01:00 PM CDT August 16, 2017 in News
ST. LOUIS (AP) — A black firefighters organization has settled its 2015 lawsuit against the city of St. Louis over... More >>
14 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 12:06:55 PM CDT August 16, 2017 in News
JEFFERSON CITY – The Missouri Public Service Commission denied grant approval of the Grain Belt Express Clean Line that would... More >>
15 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 11:35:00 AM CDT August 16, 2017 in News
COLUMBIA - Policies for prep sports in Missouri are among the safest in the country, according to a new report... More >>
16 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 11:05:00 AM CDT August 16, 2017 in Continuous News
CREVE COEUR (AP) — With his suburban St. Louis meeting with the Israeli ambassador as a backdrop, Missouri's first Jewish... More >>
16 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:57:00 AM CDT August 16, 2017 in News
FULTON - The President of William Woods University announced Wednesday that the university's main campus in Fulton will be closed... More >>
16 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:40:00 AM CDT August 16, 2017 in Eclipse Impact
COLUMBIA - Police officers responded to a report of a shooting on Greensboro Drive around 11:30 p.m. Tuesday. Officers... More >>
16 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:18:00 AM CDT August 16, 2017 in News
COLUMBIA — Two organizations will host a town hall on Wednesday to discuss the impacts of Gov. Eric Greitens' veto... More >>
16 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 10:10:00 AM CDT August 16, 2017 in News
JEFFERSON CITY, Mo. (AP) — Missouri Treasurer Eric Schmitt says he's backing fellow Republican Attorney General Josh Hawley to run... More >>
17 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 9:41:00 AM CDT August 16, 2017 in News
ST. LOUIS (AP) — Authorities say a woman has been arrested on charges of embezzling more than $2 million while... More >>
17 hours ago Wednesday, August 16 2017 Aug 16, 2017 Wednesday, August 16, 2017 9:25:45 AM CDT August 16, 2017 in News
Columbia, MO
Broken Clouds 68°
4am 67°
5am 68°
6am 72°
7am 71°

Select a station to view its upcoming schedule:

Coming Up Next

3:00a
Mad Money
4:00a
Early Today
4:30a
KOMU 8 News Today
3:00a
Paid Program
3:30a
Paid Program
4:00a
Paid Program

Tonight's Schedule

7:00p
The Wall
8:00p
Saturday Night Live
8:30p
Great News
9:00p
The Night Shift
7:00p
Penn & Teller: Fool Us
8:00p
Whose Line Is It Anyway?
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld