Search
Close this search box.

Disgraced NY Comptroller Gets Prison In Pension Probe


Disgraced ex-state Comptroller Alan Hevesi was sentenced to prison Friday for influence-peddling at the state’s massive pension fund.

He was sentenced to one to four years behind bars. 

Appearing in Manhattan Supreme Court, Hevesi, 71, admitted that he abused the taxpayers’ trust.

“I have publicly disgraced myself,” he said. “I have only myself to blame. I will live with this for the rest of my life.”

After Judge Michael Obus imposed the sentence, Hevesi was hauled away in handcuffs.

Hevesi pleaded guilty in October to a corruption charge. Once the state’s chief financial officer, he was the highest-ranking official in a pay-to-play scandal that has brought guilty pleas and civil settlements from a roster of politicians, financiers and firms.

Hevesi resigned in 2006 after pleading guilty to a felony for using state workers to chauffeur his wife. The pension case emerged after he left office.

At $141 billion, New York’s retirement pool is one of the world’s largest government pension funds and a rich source of investment dollars.

(Source: NBC New York)



One Response

Leave a Reply


Popular Posts