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Tagged: bruce cole

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Business
5:51 pm
Thu January 17, 2013

Mamtek CEO waives preliminary hearing

Credit Joe Gratz / Flickr

The former CEO of a failed artificial sweetener facility in Moberly has waived his right to a preliminary hearing on charges of theft and securities fraud.

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Business
3:28 pm
Fri December 21, 2012

Mamtek investors to get small portion of money back

A bank says that most investors in the failed Mamtek factory project in Moberly will soon begin receiving small payments from a recent auction of the company’s equipment.

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Business
8:13 am
Fri December 14, 2012

Judge denies Mamktek CEO lower bond

Credit Flickr / steakpinball

A Randolph County judge has refused to lower the $500,000 cash bond for the former CEO of a failed factory project in Moberly who is facing felony fraud charges.

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Crime
5:40 pm
Wed December 5, 2012

Cameras allowed in court for Mamtek case

Credit Flickr / steakpinball

A central Missouri judge will allow media to have cameras, audio and video recording during court appearances by the former head of an artificial sweetener company now facing charges of theft and securities fraud.

Bruce Cole was chairman and CEO of Mamtek U.S. Inc., which received $39 million in industrial development bonds from the city of Moberly to build a sweetener plant. Construction stalled after a bond payment was missed. Authorities accuse Cole of using bond revenues for personal purposes and misleading investors.

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