BIRMINGHAM, Ala. (AP) -- The FBI says the mayor of Birmingham, Ala. has been arrested on federal charges.
FBI Spokesman Paul Daymond said Larry Langford was taken into custody around 7 a.m. on Monday. It isn't immediately clear what charges he faces.
Authorities are planning to say more at a morning news conference.
Langford was president of the Jefferson County Commission before he was elected mayor last year. He's been accused in a Securities and Exchange Commission lawsuit of taking more than $156,000 from a friend whose firm made millions on risky bond transactions that has pushed the state's largest county to the brink of bankruptcy.
Langford has denied wrongdoing.
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