Disgraced former NY comptroller granted parole

Published November 15, 2012 6:26pm ET



ALBANY, N.Y. (AP) — A parole board has agreed to release former New York Comptroller Alan Hevesi from prison, where he has spent 19 months for accepting gifts and campaign donations from people trying to do business with the state pension fund.

As comptroller, Hevesi was sole trustee of the fund for a million state and local government workers and beneficiaries, now valued at nearly $150 billion. He pleaded guilty to official misconduct in 2010 and was sentenced to one to four years in prison. He was denied parole last year.

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