US - Former New York State Comptroller Alan Hevesi has pleaded guilty to participating in a pay-to-play scandal while overseeing the $124.8bn New York State Common Retirement Fund.
Hevesi admitted to a second-degree charge of receiving reward for official misconduct and became the highest- ranking official convicted in a three-year investigation by state Attorney General Andr...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
