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UPDATED Former North Miami Beach mayor arrested on allegations of campaign finance fraud

Former North Miami Beach Mayor Myron Rosner was arrested Thursday on allegations of campaign finance fraud relating to his failed 2011 reelection bid, prosecutors said.

The case stems from allegations that Rosner did not accurately report advertising bought on bus benches.

In one case, prosecutors said, he bought “personal advertising messages” with money donated to his campaign account. An advertising company also gave him free advertising so the company would avoid “losing” a city bus bench contract, according to the Miami-Dade State Attorney’s Office.

Rosner, 52, is charged with a slew of felony and misdemeanor counts, including unlawful compensation for official behavior, grand theft and falsely reporting campaign expenditures.

The case stems from complaints filed with the Florida Elections Commission last year by blogger Stephanie Kienzle, who has filed other complaints against Rosner on separate issues with state and county ethics agencies.

The criminal case was investigated by Miami-Dade police, the ethics commission and prosecutors.

Rosner was unseated in 2011 by political newcomer and citizen activist George Vallejo.

Developing story by David Ovalle here.

UPDATE: Rosner's lawyer, Ben Kuehne, sent us the following statement: 

Myron Rosner has long been a dedicated community activist and public official. He has served his community honorably as Mayor and Council Member for the City of North Miami Beach. His life has been focused on the betterment of his community within the allowable limits of the law. As a political candidate, he has always attempted to follow the complex requirements of Election and Campaign Finance Laws. He is confident he has done his best to comply with the law, and any errors that resulted were neither intentional nor harmful. Just as he has put his public official life behind him, he expects to be able to move beyond this current misunderstanding. He thanks the community for the support shown for him.