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Queens Chronicle

Alan Hevesi gets up to four years in prison

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Posted: Friday, April 15, 2011 11:37 am

  Former state Comptroller and Forest Hills resident Alan Hevesi was sentenced Friday morning to one to four years in prison for his role in a massive pay-to-play kickback scandal involving the state’s $150 billion pension fund, according to the state Attorney General’s office. 
   Hevesi, 71, pleaded guilty last year to receiving reward for official misconduct, a Class E felony under the Bribery Involving Public Servants and Related Offenses article of the State Penal Law, for accepting nearly $1 million in gifts in exchange for approving a $250 million investment in Markstone Capital Partners LP from the state Common Retirement Fund. Elliott Broidy, Hevesi’s friend and fundraiser, was a principal of Markstone at the time. The firm received $18 million in management fees from the pension fund. 
   Hank Morris, Hevesi’s top political aide, received the same sentence in February. 
   Originally scheduled for last December, Hevesi’s sentencing was adjourned several times for various reasons, most recently because the presiding judge transferred the case to another judge due to a conflict of interest, and Hevesi’s being rushed to the hospital in March for an emergency procedure. 
   Hevesi has three children. His youngest son, Assemblyman Andrew Hevesi (D-Forest Hills), penned a two-page letter to the court late last month pleading for a term which did not include jail time for his father. 
   But state Attorney General Eric Schneiderman said the former Queens College professor was “appropriately punished” for abusing his power. 
   “Hevesi brazenly sold access to New York pension fund investments — a betrayal of the public trust that went to the heart of his duties as comptroller,” he said in a prepared statement. 

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