Troopers pension fund faulted for investment, $505 hotel stay

Trustees in charge of the Missouri Highway Patrol’s employee pension fund made a questionable $15-million investment decision, according to a report by Auditor Susan Montee.

The report also found the pension fund has racked up sizable travel bills. In one instance, the chief investment officer was reimbursed $505 for a night at a Boston hotel. The investment officer blamed the exorbitant rate on the Fall Classic. The trip coincided with the 2007 World Series. The first two games of the series, which the Red Sox won in a sweep, were played in Boston.