Larry Langford, the mayor of Birmingham, Alabama, was arrested by the FBI on Mon., Dec. 1. Larry Langford was charged with conspiracy, bribery, fraud, money laundering and filing false income tax returns.

Larry Langford’s101-count indictment named William Blount, 55, a Montgomery, Alabama, investment banker, and Albert LaPierre, 58, a Birmingham lobbyist, as co-conspirators.

The U.S. Attorney, Alice Martion, claimed that “Langford steered lucrative business to William Blount and his company and he, in turn, earned in excess of $7.1 million and, with the help of lobbyist Albert LaPierre, they ensured that Larry Langford’s crushing personal debts were paid off through payoffs of loans, store charge accounts, purchases of clothing and jewelry and other items of value that exceeded $230,000 over a period from 2002 to 2006.”

CNN has the details on Larry Langford.

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This entry was posted on Monday, December 1st, 2008 at 4:19 pm and is filed under News.