Ex-Liberal Party Head Admits To Fraud In NY Probe

Law360, New York (October 6, 2009, 7:35 PM EDT) -- The former head of the Liberal Party of New York pleaded guilty to fraud in state court Tuesday in connection with a corruption scheme that netted him $800,000 through the state comptroller’s office and pension fund.

Raymond Harding pleaded guilty to a felony Martin Act securities fraud violation in the New York County Supreme Court, state attorney general Andrew Cuomo announced Tuesday. Harding faces four years in prison.

Last week, Saul Meyer, a founding partner of Dallas-based Aldus Equity, also pleaded guilty to Martin Act securities...
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