Skip to main content
Advertising

Originally published Thursday, November 15, 2012 at 8:37 AM

  • Share:
           
  • Comments (0)
  • Print

Disgraced ex-NY comptroller Hevesi granted parole

Former New York state comptroller Alan Hevesi has been granted parole after serving 19 months in prison for his leading role in an influence-peddling scandal at the state's massive pension fund.

Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

ALBANY, N.Y. —

Former New York state comptroller Alan Hevesi has been granted parole after serving 19 months in prison for his leading role in an influence-peddling scandal at the state's massive pension fund.

As comptroller, Hevesi was sole trustee of the fund now valued at nearly $150 billion.

The 72-year-old former assemblyman and New York City comptroller was entangled in an investigation of so-called "pay-to-play" practices at the fund.

He told the parole board last year that letting a venture capitalist pay $75,000 of expenses for five trips to Israel, primarily on fund business, which the state could have paid, represented an "unprecedented" level of stupidity for him.

He said all campaign contributions were spent on his re-election and he didn't personally receive any money.

His parole interview was Wednesday. He was notified of the board's decision Thursday.

News where, when and how you want it

Email Icon

The Seattle Times photographs

Seattle space needle and mountains

Purchase The Seattle Times images


Advertising