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Ark. treasurer accused of taking cash from broker

3 years 5 months 2 days ago May 20, 2013 May 20, 2013 Monday, May 20 2013 May 20, 2013 12:30 PM in News
Source: Associated Press

LITTLE ROCK, Ark. - Arkansas' state treasurer is being accused of repeatedly taking cash payments, sometimes in a pie box, from a broker who saw his share of business with the state increase in recent years.

Martha Shoffner made her initial court appearance Monday and was released on her own recognizance.

Federal prosecutors allege that Shoffner accepted $12,000 a year from a broker who would sometimes deliver cash in a pie box - with a pie. The broker is cooperating with investigators.

Shoffner didn't enter a plea. But her attorney says Shoffner would plead not guilty at the appropriate time.

Shoffner had been held in jail since Saturday, and her attorney said she would return home to rest. She was ordered to surrender her passport.

A next court date was not set.

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