How to Rig A State Bid: Inside the Cor Development Scandal (Video)

By Christa Lemczak and Michelle Breidenbach 

SYRACUSE, N.Y. - When federal prosecutors arrested state officials and two Syracuse developers on corruption charges, court papers described an unsavory world of bid rigging, bribery and lying.

U.S. Attorney Preet Bharara laid out his argument against SUNY Polytechnic Institute President Alain Kaloyeros and Cor Development executives Steve Aiello and Joseph Gerardi – the people behind a new nanotechnology film production studio in DeWitt.

Among other things, Bharara said state officials shared details of a request for proposals with COR executives before they were released to the public. In the end, Cor was the only bidder on a contract worth millions of dollars. 

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Source: Syracuse.com (via The Empire Report)