Management & Operations

Former Valley Metro CEO pleads guilty to fraud charge

Posted on September 13, 2018

Valley Metro is the regional public transportation agency providing coordinated transit services to residents of metro Phoenix.
Valley Metro is the regional public transportation agency providing coordinated transit services to residents of metro Phoenix.

PHOENIX — Stephen Banta, the former chief executive of Valley Metro, pleaded guilty Monday to a fraud charge for falsely claiming personal expenses for him and his wife as business costs, reported the Associated Press.

A report released by the state's Office of the Auditor General says Banta claimed that $32,000 in personal travel, meal and alcohol costs for him and his wife were expenses related to his work, according to the AP report.

Banta, who served as Valley Metro's chief executive from early 2010, resigned in late 2015 after The Arizona Republic reported about his questionable expenses paid with public money, the report said.

For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

D.C. Metro inspector to review Silver Line construction issues

Including concerns around the quality of concrete used in the project and other construction elements and practices.

Transportation workers form coalition to stop driverless buses in Ohio

If transportation authorities introduce autonomous vehicles or wages start to fall, the union will organize a strike, according to union chief.

Setzer named president of transit for Transdev North America

Most recently served as CEO of the company’s Nassau County, N.Y.,  the largest contracted transit system in the U.S.

Bordeaux' 'impressive' mobility options balance modernity and history

French city is excellent example of what trams and integrated public transport can offer to discourage the use of the private car.

 

 

Stantec adds to its transportation, environmental services team

Gilberto Ruiz has more than 25 years of experience working across a wide variety of project types including residential, commercial, public works, and transportation.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation