NEW YORK (AP) — Former state comptroller Alan Hevesi was sentenced Friday to one to four years in prison for his leading role in influence-peddling at the state's massive pension fund, capping a two-part downfall that made him an emblem of corruption in New York politics.

Hevesi, a Democrat forced from office by a separate misconduct scandal in 2006, apologized to New Yorkers as he waited to hear his punishment for giving preferential treatment to a would-be pension fund money manager in exchange for free travel and other plums.

"Although it was never my intention, I know that I caused enormous damage to the integrity of my former office. I have publicly disgraced myself," Hevesi said, his voice soft but steady. "I have only myself to blame….

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.