Hevesi pleads guilty in NY State pension scandal

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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...

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