New York state’s former comptroller, Alan Hevesi, admitted Thursday that he had accepted trips to Israel and campaign contributions from a financier in exchange for investing hundreds of millions of dollars from the state pension fund of which he was the sole trustee in his benefactor’s business.

Hevesi, who had resigned three years ago after pleading guilty to misusing his office, pleaded guilty before Manhattan Supreme Court Justice Lewis Stone Thursday to the felony of receiving a reward to official misconduct in the second degree.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]