NY AG Andrew Cuomo thinks so, and has issued over 100 new subpeonas to firms who brokered deals with public pension funds alleging improper licensing and pay-to-play kickbacks as well.
PensionPulse
Nothing like a huge financial crisis to bring out all the cockroaches. This hardly surprises me and remember my dire warning: Madoff was the tip of [...]
Posts Tagged ‘pension fund fraud’
Systematic fraud at public pension funds?
Daily Rogues Report. Hank Morris
Here’s Hank Morris (no relation!) doing his perp walk after being indicted on 123, count ‘em, 123 counts relating to taking multi-million dollar kickbacks from those wanting to manage money for the New York State pension fund.
AG Cuomo says further indictments are coming, so we can look forward to more exciting perp walks.
And lookee here [...]
