Cuomo Cronies Convicted of Conspiracy and Wire Fraud – IOTW Report

Cuomo Cronies Convicted of Conspiracy and Wire Fraud

Southwest Dutchess-

The former president of SUNY Polytechnic Institute and three real estate developers and close confidants of New York Gov. Andrew Cuomo have been found guilty on fraud and conspiracy charges in connection to rigging bids regarding the Buffalo Billion construction project, which is worth hundreds of millions of dollars.

Alain Kaloyeros, a former member of the Cuomo administration, was convicted of all three counts against him in court, including conspiracy and two counts of wire fraud this week. Three of Kaloyeros’ co-conspirators, upstate real estate developers Louis Ciminelli, Steven Aiello and Joe Gerardi, were also convicted on similar charges.

According to Geoffrey Berman, the United States Attorney for the Southern District of New York, Kaloyeros conspired with the three developers to deceive Fort Schuyler Management, a state-funded organization that awards state contracts worth hundreds of millions of dollars, by rigging the bidding process so the contracts would be awarded to them.

Each of the four men were convicted of charges that include conspiracy to commit wire fraud and wire fraud. Gerardi was also convicted of making false statements. Each of them face at least 20 years in prison when they are sentenced in October, though appeals are anticipated.

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ht/ marezilla

6 Comments on Cuomo Cronies Convicted of Conspiracy and Wire Fraud

  1. Any bets on a future pardon from Gov. Cuomo? Especially, given the way they both feel about Trump’s past pardon’s and concerns about his future ones.

    Every conservative should be filing this away as a future talking point to unleash on Chris Cuomo over at CNN when he gets sanctimonious.

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  2. Unless something drastic like Prince Andy Boy becomes the occupant of 1600 Pennsylvania Avenue, he’s powerless to pardon his buds.
    But I’m sure he values their silence……or else!!!!!

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  3. That’s what goes on in Albany’s closed door meetings in the State Capitol when reporters go home. Most likely just the tip of the iceberg. Its been going for years, nothing the voters aren’t aware of, but don’t care.

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