Arab Today, arab today former mamtek ceo in custody in missouri
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Former Mamtek CEO in custody in Missouri

Arab Today, arab today

Arab Today, arab today Former Mamtek CEO in custody in Missouri

Columbia - UPI

Bruce Cole, former chief executive officer of artificial sweeter firm Mamtek U.S., was back in Missouri to face charges of theft and fraud, authorities said. Cole was being held in lieu of $500,000 bond. He is charged with submitting inventories from a made-up company, Ramwell Industrial Inc., to withdraw $6.6 million from a bond fund. Allegedly, Cole transferred $700,000 of the first $4.2 million invoice to a bank account in his wife\'s name. Some of the funds were said to be used to keep Cole\'s Beverley Hills, Calif., home from foreclosure. Cole has also been accused of lying to investors about the health of the company and the ingredients of the artificial sweetener, the Columbia (Mo.) Daily Tribune reported Monday. Cole, who is also being sued by the Securities and Exchange Commission, is charged with lying about whether the sweetener, sucralose, would include and toxic substances. The company was expected to create 612 jobs in Moberly, Mo. Missouri Gov. Jay Nixon announced the $39 million project in 2010, at which point the company was granted tax breaks from the state valued at $17.6 million if it hit certain financial targets and submitted the right paperwork, neither of which happened, the newspaper said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today former mamtek ceo in custody in missouri Arab Today, arab today former mamtek ceo in custody in missouri

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today former mamtek ceo in custody in missouri Arab Today, arab today former mamtek ceo in custody in missouri

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday