Wednesday morning news update

ð A CALIFORNIA INVESTMENT ADVISOR INVOLVED IN NEW MEXICO'S STATE TREASURER ...  More »

ð A CALIFORNIA INVESTMENT ADVISOR INVOLVED IN NEW MEXICO'S STATE TREASURER SCANDAL WILL BE SENTENCED TODAY ON A FEDERAL CHARGE. KENT NELSON COULD GET UP TO 20 YEARS FOR A SINGLE COUNT OF MAIL FRAUD HE'S PLEADED GUILTY TO. NELSON STILL FACES TRIAL ON STATE CHARGES. PROSECUTORS ALLEGE HE PAID OUT BRIBES TO OVERSEE THE INVESTMENT OF MILLIONS OF DOLLARS IN STATE FUNDS. A METRO COURT JUDGE WHO LIVED RENT-FREE IN AN AFFORDABLE HOUSING AGENCY HOME WILL BE PUNISHED. TODAY'S ALBUQUERQUE JOURNAL REPORTS JUDGE THERESA GOMEZ HAS AGREED TO BE REPRIMANDED ... AND TO PAY 17- THOUSAND DOLLARS IN BACK RENT. THE PUNISHMENT IS BEING RECOMMENDED BY THE JUDICIAL STANDARDS COMMISSION. THE STATE SUPREME COURT WILL DECIDE WHETHER ITS APPROPRIATE. JUDGE GOMEZ EARNS 93-THOUSAND DOLLARS A YEAR ... BUT SAYS SHE HAS FINANCIAL PROBLEMS RELATED TO GAMBLING. WE HOPE TO LEARN TODAY ABOUT SEXUAL MISCONDUCT ALLEGATIONS AGAINST AN ALBUQUERQUE PUBLIC SCHOOLS CONTRACTOR. A-P-S SAYS THE ALBUQUERQUE POLICE DEPARTMENT IS INVESTIGATING ACCUSATIONS MADE BY A STUDENT. A-P-S HAD CALLED A NEWS CONFERENCE WITH POLICE LAST NIGHT -- BUT CANCELLED IT. LET'S CHECK IN NOW WITH STEVE STUCKER AND THE PINPOINT FORECAST. GOOD MORNING STEVE... WE'LL SEE YOU AT 8:56 FOR ANOTHER NEWS AND WEATHER  « Less