Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: state pension fund

NY pay-to-play plot fueled by bribes, US says

A senior investment manager for New York’s state pension fund accepted bribes including drugs, prostitutes and tickets to a Paul McCartney concert from two brokers in exchange for millions of dollars in fixed-income business from the fund, prosecutors said. Navnoor ...

Read More »

Adviser gets prison in pension fund scheme

NEW YORK CITY — A former top political consultant to New York's disgraced ex-comptroller was led off to prison Thursday after a judge sentenced him to at least a year and four months behind bars for his pivotal role in an influence-peddling scandal involving the state pension fund.

Read More »

Hevesi pleads guilty in pay-to-play

NEW YORK CITY — Former New York state Comptroller Alan Hevesi pleaded guilty to a felony corruption charge Thursday for accepting free travel and campaign contributions from a financier who wanted the state’s multibillion-dollar pension fund to invest in his company.

Read More »