LITTLE ROCK, Ark. (AP) - A federal judge has rejected a guilty plea from former Arkansas state Treasurer Martha Shoffner, who was accused of steering state business to a broker in return for cash payments.
Shoffner tried to plead guilty Friday, but U.S. District Judge Leon Holmes wouldn't accept her plea because Shoffner said she didn't intentionally send the state's bond business to the broker.
Holmes said he couldn't accept her guilty plea because prosecutors alleged the cash was in exchange for the state's business.
Shoffner was accused of taking at least $36,000 in cash payments from the broker over the past three years.
The FBI arrested Shoffner at her Newport home May 18 after prosecutors said she was recorded accepting a $6,000 payment stashed in a pie box from the broker.