September 19, 2012 12:00 AM

Mamtek deal turns sour for Moberly after CEO is charged with five felonies

On Tuesday, Missouri Attorney General Chris Koster stood outside the abandoned Mamtek factory in Moberly to announce that CEO Bruce Cole had been arrested at his home in Dana Point, Calif., and charged with five felonies -- one count of stealing and four counts of securities fraud -- in connection with the deal to build the factory.

Related content