NY ex-comptroller gets at least 1 year in prison

Reuters News
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Posted: Apr 15, 2011 10:55 AM
NY ex-comptroller gets at least 1 year in prison

NEW YORK (Reuters) - A judge on Friday sentenced former New York state comptroller Alan Hevesi to a minimum of one year and a maximum of four years in prison for a state pension kickback scheme in which Governor Andrew Cuomo said Hevesi "presided over a culture of corruption."

Hevesi, a Democrat, pleaded guilty to a felony corruption charge last October in a case Cuomo had originally brought in his previous job as state attorney general. Seven others have pleaded guilty and Hevesi became the second to receive jail time.

Hevesi admitted he took luxury trips to Israel and Italy paid for by California venture capitalist Elliott Broidy. New York's comptrollers are the sole trustees of the state's $132 billion pension fund and Broidy wanted to be hired to invest some of the funds.

(Reporting by Bernd Debusmann Jr.; editing by Daniel Trotta and James Dalgleish)