North Carolina goverment official pleads guilty to accepting $200,000 bribe from Agri-Ethanol; faces up to 30 years in prison

In North Carolina, former state Environmental and Natural Resources Department lobbyist Boyce Hudson pleaded guilty to accepting $200,000 in bribes from Agri-Ethanol Products to fast-track a permit for the company, which used the deal to fast-track its capital-raising activities. Hudson faces up to 30 years in prison and a $500,000 fine. The company was ultimately unsuccessful in its bid to raise more than $200 million in financing.

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