Alan Hevesi, the former comptroller of New York state, has pled guilty to corruption charges that he accepted campaign money and gifts from a California venture capitalist in exchange for directing pension-fund money to the donor's firm.

The state attorney general's office on Thursday announced that Hevesi, who resigned as state comptroller in December 2006 after nearly four years on the job, admitted to accepting almost $1 million from Markstone Capital Partners principal Elliott Broidy. The money included $500,000 in campaign contributions, $380,000 in consulting fees earmarked to a lobbyist friend of Hevesi's and $75,000 in vacation expenses for Hevesi and his family. Hevesi in turn approved a $250 million investment in Markstone from the New York State Common Retirement Fund, according to a statement from state Attorney General Andrew Cuomo.

Cuomo has been investigating allegations of corruption within the state comptroller's office for three years. His probe has so far resulted in seven guilty pleas and $138 million worth of fund recoveries, according to his office.

Before serving as the state comptroller, Hevesi previously served as an state assemblyman from 1971 to 1993, and as the comptroller of New York City from 1994 to 2001. He resigned as state comptroller after pleading guilty to defrauding the government by using a state-employed driver for personal errands.


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twinkling55

What was conveniently left off in the article was the political party affiliation of Alan Hevesi. Any guesses. You're right, he's left. Corrupt former N.Y. Comptroller was a life-long Democrat. Part of the half-vast left wing conspiracy. Is there any doubt that someone would have been clearly identified as a Republican if there was any hint of wrongdoing.

October 07 2010 at 11:59 PM Report abuse +2 rate up rate down Reply
2 replies to twinkling55's comment
audiolaw

Really good point you make. A Democrat, prosecuted by a Democrat. See, when a Democrat goes wrong, other Democrats will turn him in. That's why Cuomo's gotten 7 guilty pleas and recovered $138 MILLION. If it had been Republicans, they'd just have divvied up the graft among themselves and we civilians would still be out in the cold. Republicans never turn on Republicans, no matter how severe their crimes.

October 08 2010 at 1:18 AM Report abuse -4 rate up rate down Reply
Bearmaul

audiolaw, Are you kidding me? How old are you 12?

October 08 2010 at 4:36 AM Report abuse +1 rate up rate down Reply