Hevesi Released; Consultant Avoids Jail
Former New York State comptroller Alan Hevesi, the top official convicted in a corruption scandal at the state pension fund, was released from prison on Dec. 12, sister news service Reuters reported, citing the state Department of Corrections and Community Supervision. Hevesi, 72, had been incarcerated since April 2011 for his role in the “pay to play” scheme involving the pension fund. Hevesi admitted accepting nearly $1 million in benefits from a Los Angeles-based money manager who got $250 million in pension fund money to invest.
13 December 2012•3 mins read
