According to SF Gate
, Shoffner was arrested by the FBI and she will now appear in federal court for a hearing on Monday.
Kimberly Brunell, an FBI spokeswoman, said that more details of the arrest and investigation will be released on Monday.
According to The Republic
, Senator Jason Rapert said that three workers in Shoffner's office were responsible for bringing the allegations into the open.
According to The City Wire
, Shoffner, was questioned about an early sale of bond transactions in her office, which surrounded a financial firm known as St. Bernard Financial Services.
Shoffner has denied that she has done anything wrong. If she is convicted, then she is expected to resign as treasurer.