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Missouri Attorney General Chris Koster, at lectern, announces felony charges Tuesday against former Mamtek U.S. CEO Bruce Cole outside the failed business in Moberly.

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Mamtek CEO charged with theft, securities fraud

The CEO of a failed artificial sweetener company was charged Tuesday with theft and securities fraud in Missouri for allegedly using bond revenues to avoid foreclosure on his Beverly Hills, Calif., home and misleading financiers about the company’s troubled operations.

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