Bond dealer William Blount of Montgomery resigned last week as financial adviser of the Birmingham Waterworks and Sewer Board, according to the Birmingham News.

Blount, Birmingham Mayor Larry Langford, and lobbyist Albert LaPierre in December were named in a 101-count federal indictment on charges that included conspiracy, bribery, fraud, money laundering, and filing false tax returns in connection with a long-running bribery scheme related to bond and other financial transactions in Jefferson County. Their trial is May 4.

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