- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)43
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Missouri House votes to allow concealed weapons without permits (04/28/16)6
- Two hurt in motorcycle wreck on Interstate 55 (04/25/16)1
- Law firm requests information about Cape's traffic cameras (04/25/16)2
- Local lawmakers split over failed medical marijuana bill; voters may have a say (04/26/16)19
- Police report filed, but no charges in incident at Cape Central (04/29/16)31
- Tanker truck catches fire near Oak Ridge (04/24/16)7
- Local company makes eco-friendly kitty litter that cuts cat-box smell (04/25/16)
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
Sweetener company CEO headed back to Missouri
JEFFERSON CITY, Mo. -- Missouri officials say the former head of an artificial sweetener company has agreed to return from California to face charges of theft and securities fraud stemming from a failed factory project.
Bruce Cole was chairman and CEO of Mamtek U.S. Inc., which received $39 million of industrial development bonds from the city of Moberly to build a sweetener plant.
Cole is charged in Missouri with using bond revenue to avoid foreclosure on his Beverly Hills home and misleading investors about his company's financial health.
The office of Missouri Attorney General Chris Koster said Cole waived extradition during a California court appearance Wednesday.
Construction on the Moberly project was halted after a bond payment was missed last year. The state had offered $17 million worth of incentives but none were paid.