DALLAS — A former New Mexico state representative accused of misusing $300,000 from an affordable housing bond issue is awaiting trial along with three other executives after a lengthy investigation by the attorney general’s office.

Vincent “Smiley” Gallegos, who served in the Legislature for a decade until the mid-1990s, was indicted last month on multiple counts of fraud, embezzlement, and money laundering for his actions as director of the New Mexico Housing Authority’s defunct Region III office in Albuquerque. Also indicted were Albuquerque bond attorney Robert Strumor and former Region III employee Dennis Kennedy.

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