The Associated Press
Former Gov. Toney Anaya has reached a settlement with the Securities and Exchange Commission in a fraud case involving an investment company that was focused on recovering and selling water from aquifers in New Mexico and elsewhere.
The SEC announced Wednesday that Anaya, who previously served as a regent at New Mexico Highlands University, was one of four people charged with concealing from investors that two lawbreakers ran the company, Natural Blue Resources Inc.
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