Democrat Martha Shoffner resigned on Tuesday.
She was arrested last weekend for taking $36,000 in bribes – in pie boxes.
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Arkansas’ state treasurer has resigned after federal prosecutors accused her of taking cash payments from a broker who handled a large amount of the state’s investment portfolio.
Democrat Martha Shoffner resigned effective Tuesday from the office she has held since 2007 and was re-elected to in 2010. She was barred by term limits from seeking re-election next year.
Democrats and Republicans called for Shoffner to step down after the FBI arrested her in a sting operation. She’s accused of taking at least $36,000 in cash. At least two of the payments from the broker were delivered to Shoffner in a pie box.
Shoffner faces not more than 20 years in prison, if convicted, and up to a $250,000 fine, or both followed by not more than 3 years supervised release.