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Saturday, December 20, 2014, 5:48 p.m.
Top Picks - Capture Arkansas

Broker says Shoffner took $6,000 at Capitol

By The Associated Press

This article was originally published March 7, 2014 at 7:16 a.m. Updated March 7, 2014 at 11:52 a.m.

A broker who handled a large share of Arkansas' bond business says he gave the state's former treasurer $6,000 at her Capitol office because she needed help through a rough patch in her life.

Steele Stephens told jurors at Martha Shoffner's bribery and extortion trial Friday that Shoffner's mother had recently died and she had recently lost an apartment and state car.

Stephens, worked for Russellville-based St. Bernard Financial Services at the time and isn’t connected to the investment house Stephens Inc., said he felt sorry for the former treasurer, and thought giving her money could be good for business.

Shoffner is accused of taking $36,000 from Stephens and directing state business his way. Stephens said the first transaction occurred at the state Capitol, and that after it occurred Shoffner said, "I hope there's no cameras in here."

Prosecutors have given Stephens immunity. Shoffner's lawyer says no crime occurred.

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Displaying 1 - 5 of 5 total comments

LevyRat says... March 7, 2014 at 12:37 p.m.

Just another lying TAX AND SPEND LIBERAL DEMOCRAT who sees nothing wrong taking bribes.

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Populist says... March 7, 2014 at 1:41 p.m.


Please be sure to follow the bribery scandal involving former VA. Governor McDonnell, who is a Republican. Corruption is not limited to either party.

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Pacorabone says... March 7, 2014 at 5 p.m.

Populist...!lLets wait until all the facts are out in Virginia.... There is some talk of DOJ dropping charges due to Lack of a Evidence. The VA Gov race was destined for Clinton cronie Terry Mcaullife so Nobama and his Atty general might have cooked up the charges... In the case of Martha "give me some high dolla pie" Schoffner the evidence seems quite overwhelming against her.

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herenow says... March 7, 2014 at 5:04 p.m.

We can throw stones abut corruption but we have to understand that it crosses party lines. LevyRat must have already forgotten our former Light Governor, or does being forced out of office not count since he was/is a Republican who was elected during the backlash of anit-Obama voters who wanted to vote against anyone running under the Democrat banner. We really elected some real winners during that election cycle.

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Populist says... March 7, 2014 at 5:21 p.m.


Don't let the facts get in the way of your opinions. McDonnell was not even running for reelection. The gifts are well documented and add up to well over $150,000. The McDonnells do not deny the gifts; they are trying to avoid criminal liability by arguing that the gifts did not influence their favors for the donor. Even if they avoid jail, even they agree that the gifts were improper. His career is over.

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