Alabama Mayor Charged With Fraud
The mayor of Alabama's largest city, Larry Langford, was arrested Monday on federal bribery and fraud charges. These charges stemmed from doling out county financial business to a favored firm when he was head of the Jefferson County Commission from 2002 to 2006.
According to the New York Times article, Langford was charged in the 101-count indictment with taking over $230,000 in cash, clothing and jewelry in exchange for ensuring that a well-known Alabama investment banker, William B. Blount, took part in lucrative bond deals related to the financing of improvements to Jefferson County’s failing sewer system. It when on to talk about how those deals have led the county, which includes the city of Birmingham, to the brink of bankruptcy.
The AOL News article says that the charges also include money laundering and filing false tax returns.
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