Ex-Calpers CEO Gets 4 1/2 Years Prison for Bribery Scheme

Updated on
  • Buenrostro took $200,000 cash from ex-board member Villalobos
  • U.S. judge calls crmime ‘dagger in the heart of public trust’

A former chief executive officer of the country’s biggest pension fund was sentenced to 4 1/2 years in prison for steering $14 million in placement fees to an ex-board member in exchange for cash bribes and gifts.

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