The Feds Just Charged 71 Cities and States With Fraud

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Has the government charged your city, state or college with fraud? Find out here.

The state of Hawaii, the city of Memphis and Montgomery College in Maryland are among dozens of states, cities, schools and other entities charged with misleading investors, U.S. regulators announced Wednesday.

The charges are related to the issuing of municipal bonds by 71 entities between 2011 and 2014. According to the Securities and Exchange Commission, the issuers in question sold bonds using misleading documents that contained false statements and omissions.

The parties involved settled with regulators without admitting or denying the findings, according to the SEC. They also agreed to update their policies and procedures, and cooperate with any subsequent investigations.

The violations were self-reported by bond issuers and underwriters in exchange for favorable settlement terms, the SEC said.

The complete list, with links to the terms of each settlement:

Alabama:

City of Vestavia Hills

Board of Education of Madison County

Alaska:

Borough of North Slope

Arkansas:

Board of Trustees of Arkansas Tech University

California:

City of Alameda

Colorado:

Boulder County

Thompson School District No. R2-J

Colorado Department of Transportation

Connecticut:

Lawrence & Memorial Corp. and Lawrence & Memorial Hospital

Town of Fairfield

Delaware:

Delaware Transportation Authority

Georgia:

Fulton County

Hawaii:

State of Hawaii

Idaho:

Idaho Housing and Finance Association

Illinois:

Palatine Park District

Community Unit School District Number 18 (Blue Ridge)

Metropolitan Airport Authority of Peoria

Indiana:

City of Gary

Sanitary District of the City of Gary

City of South Bend

Iowa:

City of Cedar Rapids

City of West Des Moines

Kansas:

Unified School District No. 418 (McPherson County)

City of Andover

Kentucky:

Kentucky Housing Corporation

Electric and Water Plant Board of the City of Frankfort

Louisiana:

East Ouachita Parish School District

Maine:

Town of York

Maryland:

Montgomery College

Montgomery College Foundation

Massachusetts:

City of Chelsea

Michigan:

Berrien County

Minnesota:

State of Minnesota

Mississippi:

Lauderdale County

Missouri:

Ascension Health Alliance

Black Jack Fire Protection District of St. Louis County

Blair Oaks R-II School District

Montana:

Montana Department of Transportation

Nebraska:

City of Alliance

New Hampshire:

Southern New Hampshire University

New Jersey:

Borough of Roselle Park

Township of East Brunswick

New Mexico:

El Castillo Retirement Residences

New York:

Franklin County

City of Ithaca

Syracuse University

Westchester County Health Care Corporation

North Carolina:

North Carolina Eastern Municipal Power Agency

North Dakota:

City of Devils Lake

Ohio:

The Ohio State University

Oklahoma:

City of Nichols Hills

Oklahoma Housing Finance Agency

Yukon Municipal Authority

Pennsylvania:

Adams County

Collegium Charter School

Hazleton Area School District

Municipal Authority of the City of McKeesport

South Carolina:

City of Columbia

Town of Hilton Head Island

South Dakota:

Tea Area School District 41-5

Tennessee:

City of Memphis

Texas:

Pecos County

Utah:

Heber Light & Power Company

Vermont:

Casella Waste Systems

Virginia:

Carilion Clinic

Washington:

City of Bainbridge Island

Public Utility District No. 1 of Whatcom County

West Virginia:

County Commission of Ohio County

Wisconsin:

City of Oconomowoc

Wyoming:

Wyoming Community Development Authority

(c) 2016, The Washington Post ยท Abha Bhattarai

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