Michael A. Montoya

Michael A. Montoya is an American politician and former Certified Public Accountant who served as the 26th New Mexico State Treasurer from 1996 to 2002. Montoya was the first Hispanic-American elected to the position.

Michael Montoya
26th Treasurer of New Mexico
In office
1996–2002
GovernorGary Johnson
Preceded byDavid W. King
Succeeded byRobert E. Vigil
Personal details
Political partyDemocratic
Alma materUniversity of Colorado Boulder (BS)

Early life and education

Montoya is a native of Los Lunas, New Mexico.[1] He earned a Bachelor of Science degree in accounting from the University of Colorado Boulder.[2]

Career

After earning his bachelor's degree Montoya, worked as a senior tax manager at Ernst & Young. He then served as director of the New Mexico Medicaid Fraud Unit and as Deputy New Mexico State Auditor. In 1990, Montoya ran unsuccessfully for New Mexico State Treasurer. In 2002, he launched an unsuccessful campaign for New Mexico's 2nd congressional district, losing to incumbent Joe Skeen. Montoya was elected the 26th New Mexico State Treasurer in 1995, the first Hispanic-American to serve in the role. Montoya left office in 2002 and was succeeded by Robert E. Vigil.

Arrest and conviction

In 2005, Montoya and Vigil were arrested for accepting kickbacks from financial advisors.[3][4][5] In 2007, Montoya was fined $25,000 and sentenced to 40 months in prison after pleading guilty to federal racketeering and extortion charges.[6] Montoya completed his sentence at a low-security prison in Colorado.[7][8]

References
  1. "ABQJOURNAL: Michael Montoya Biography". www.abqjournal.com. Retrieved 2020-08-02.
  2. "Our Campaigns - Candidate - Michael A. Montoya". www.ourcampaigns.com. Retrieved 2020-07-07.
  3. "New Mexico treasurer, ex-treasurer arrested". msnbc.com. 2005-09-17. Retrieved 2020-07-07.
  4. "N.M. Treasurer, Former Treasurer Arrested On Federal Racketeering Charges". KOAT. 2005-09-16. Retrieved 2020-07-07.
  5. "ABQJOURNAL UPFRONT: Convicted Ex-Treasurer Back Home". www.abqjournal.com. Retrieved 2020-07-07.
  6. Taub, Stephen (2007-09-27). "Ex–New Mexico Treasurer Sentenced to Prison". CFO. Retrieved 2020-07-07.
  7. Staff, ABQJournal News. "Breaking at 11:10am -- Former State Treasurer Sentenced". www.abqjournal.com. Retrieved 2020-07-07.
  8. Writer, Scott Sandlin | Journal Staff. "Former Treasurer Struggles To Pay Fine". www.abqjournal.com. Retrieved 2020-07-07.
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