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Former Sterlington, Louisiana, mayor agrees to pay $35,000 fine

Former Sterlington, Louisiana, mayor agrees to pay $35,000 fine
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Reports: Town of Sterlington behind on audits by 5 years

STERLINGTON, La. (KTVE/KARD) — On October 11, 2023, reports confirmed that the Town of Sterlington must submit an audit report on its finances for 2018 to the state of Louisiana by Friday, October 13, 2023, to be granted a six-month extension to complete four additional audit reports. According to the Ouachita Citizen, Sterlington is currently […] ....

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Sterlington, Louisiana, advisor firm settle with SEC

Aaron Fletcher and his firm Twin Spires Financial have entered a final judgment with the Securities and Exchange Commission over their role in two allegedly fraudulent offerings and a failure to register as a municipal advisor. ....

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SEC charges Sterlington, Louisiana, and former mayor with fraud

The SEC charged the town, former mayor Vern Breland, municipal adviser Twin Spires Financial and its owner Aaron Fletcher with misleading investors in connection with bond offerings in 2017 and 2018. ....

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Sterlington alderman resigns, town to hold special election

Sterlington alderman resigns, town to hold special election
Sterlington Alderman Trey Vocker III resigned this week.
Vocker was appointed as the interim alderman on May 12, 2020 to fill the vacancy created when former alderman Benjamin Hobson moved to West Monroe and resigned his position in April 2020.
He told The News-Star that he doesn t see eye to eye with Mayor Caesar Velazquez and has concerns that everything being handled through the mayor s office is not procedurally sound. He said that s a larger concern in light of the previous mayoral administration.
Former Mayor Vern Breland is still facing malfeasance in office charges.
In November 2019, the Louisiana Legislative Auditor released a report stating Breland and the town s former financial advisor, Aaron Fletcher, might have violated state laws. ....

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