Ex-New York Comptroller Pleads Guilty in Pension Probe

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Former New York State Comptroller Alan Hevesi pleaded guilty to participating in a pay-to-play scandal at the public pension fund he once ran, the highest-ranking official convicted in a three-year investigation by state Attorney General Andrew Cuomo.

Hevesi, 69, who was elected to the post in 2002 and resigned in 2006, admitted today to a second-degree charge of receiving reward for official misconduct before Justice Lewis Bart Stone in state Supreme Court in Manhattan. Hevesi, a Democrat, agreed to cooperate in Cuomo’s probe and may avoid prison time.