Tuesday, November 22, 2016

Percoco, Kaloyeros, Six Others Indicted

 

Gov. Andrew Cuomo’s former top aide Joe Percoco, former SUNY Polytechnic Institute President and CEO Alain Kaloyeros and six business executives were named in a 14-count indictment that was released Tuesday afternoon.

The indictment adds two charges of wire fraud to the crimes alleged in a Sept. 22 criminal complaint against the same eight men. No additional individuals were named, and the indictment does not reveal that any of the defendants have decided to cooperate with prosecutors.

The new charges aside, the document contains few details that were not revealed in the complaint, which ran past 80 pages and included extensive excerpts from emailed communications traded among many of the defendants.

The indictment — handed up a day before a pushed-back deadline that had been agreed to last month by all parties — lays out what prosecutors describe as two overlapping schemes devised to enrich development companies and the public officials who were doing their bidding. Percoco was joined at the center of the alleged effort by Todd Howe, a lobbyist and consultant who has been a decades=long associate of both Percoco and Cuomo.

The favors allegedly doled out by the state officials included pressure applied to state agencies, a raise for the son of one of the executives who was working for the governor’s office, and details on upcoming contracts that provided a competitive advantage to the firms.

Click here for the full article. 

Source: TimesUnion (via The Empire Report) 

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