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Fake audit leads to two arrests, including the COO of the NM Finance...
The NMFA controversy is now officially a criminal matter. On Wednesday morning (Aug. 8th) officers with the state Securities Division arrested the chief operating officer, John T. Duff, of the New...
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“It would be my blame,” former NMFA employee says about scandal
Greg Campbell, courtesy KOB-TV Well, you can give Greg Campbell credit for this: At least he’s not lawyering up. The man at the center of the controversy over a fake audit at the New Mexico Finance...
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NM Finance Authority’s CEO put on leave
NMFA board meeting, 8/9/12 The ripple effects of a fraudulent audit at the New Mexico Finance Authority washed over the the agency’s chief executive officer on Thursday (Aug. 9th) when the NMFA board...
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Rick May will not go quietly: “Some NMFA Board members may be more interested...
Rick May, CEO of NM Finance Authority The chief executive officer at the New Mexico Finance Authority (NMFA) isn’t going down without a fight. On Monday (Sept. 10), members of the NMFA board are...
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NMFA scandal: Campbell indicted by grand jury, Duff cleared UPDATE: Duff may sue
Authorities went 1-for-2 in their criminal investigation into the NMFA. Capitol Report New Mexico has learned the suspended chief operating officer at the New Mexico Finance Authority was cleared by a...
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NM Finance Authority boots its CEO — is a lawsuit coming soon?
Rick May, former CEO of NM Finance Authority Rick May is gone as the chief executive officer at the New Mexico Finance Authority (NMFA) but with a possible lawsuit in the offing, his dealings with the...
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Stapleton on the NMFA mess: “The brother has taken the hit”
Rep. Sheryl Williams Stapleton (D-Albuquerque) State Rep. Sheryl Williams Stapleton (D-Albuquerque) says other heads should roll in the investigation and pending prosecution connected to the New Mexico...
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Greg Campbell gets probation in NMFA bogus audit case
Greg Campbell, courtesy KOB-TV Greg Campbell – the man described as a rogue employee this past summer when news of a faked audit at the New Mexico Finance Authority (NMFA) caused a scandal that shook...
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No money missing at NMFA but plenty of blame to go around UPDATE: Rick May...
NM State Auditor Hector Balderas delivers report to the NMFA Board, 12/14/12 It looks like there was plenty of blame to go around at the New Mexico Finance Authority (NMFA) but at least there doesn’t...
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Moody’s clears the NMFA — large bonding projects to proceed
Officials at the New Mexico Finance Authority can finally breathe a sign of relief — and so can taxpayers. On Wednesday (March 27), the Wall Street ratings firm Moody’s announced it was no longer...
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