Stephen Banta, Ex-CEO Of Valley Metro, Sentenced To Probation
The former chief executive of metro Phoenix's mass transit system was sentenced two years of probation and was fined $6,000 for his fraud conviction for falsely claiming personal expenses as business costs.
Stephen Banta had previously pleaded guilty to the felony charge after state auditors released a report saying Banta claimed that $32,000 in personal travel, meal and alcohol costs for him and his wife were expenses related to his work.
Banta's attorney, Frederick Petti, says his client has admitted improperly claiming $3,200 in personal meals as business expenses.
As part of the plea agreement, prosecutors agreed not to file additional charges arising out of the findings from the auditor's report.
Banta served as Valley Metro's chief executive from early 2010 until late 2015.