Former Valley Metro CEO Admits to Misusing Public Funds

PHOENIX - Attorney General Mark Brnovich announced former CEO of Valley Metro, Stephen Banta, has pled guilty to one count of Fraudulent Schemes and Practices, a class five felony.

The Office of the Auditor General investigated and identified that Banta misused his authority at Valley Metro to pay $32,491 in expenses for personal travel and dining, of which $3,285.69 related to the use of public monies.  On September 10, 2018, Banta entered into a plea agreement with a stipulation to probation. The terms and conditions of the probation will be left to the court.

AG Brnovich Takes Action Against Opioid Manufacturer Purdue Pharma

TUCSON – Today, Arizona Attorney General Mark Brnovich took legal action against Purdue Pharma, the manufacturer of the prescription opioid painkiller OxyContin.  The filing in Pima County Superior Court alleges that Purdue engaged in deceptive and misleading marketing to push opioids, in violation of a prior court order. In June of this year, the Attorney General's Office notified Purdue of an alleged violation of a previous consent order, a precursor to today's action.

Financial Advisor Guilty of Stealing from Dormant Bank Accounts

PHOENIX - Attorney General Mark Brnovich announced Steven Watson, who stole from bank customers’ dormant accounts, was convicted by a Maricopa County jury on one count of Fraudulent Schemes and Artifices and seven counts of Theft.    
Back in 2014, Watson was an associate financial advisor at a bank and developed a plan to steal money from customer accounts that were dormant.  The accounts were dormant due to inactivity or the beneficiary did not claim the money on the accounts.