Ex-CalPERS Exec. Kills Himself Before $3B Pay-To-Play Trial

Law360, Los Angeles (January 15, 2015, 4:11 PM EST) -- Ex-California Public Employees Retirement System board member and former Los Angeles Deputy Mayor Alfred Villalobos, who was accused in a notorious $3 billion pay-to-play investment scheme, died of an apparent suicide roughly five weeks before he was due to stand trial, authorities confirmed Thursday to Law360.

Reno Police Department Public Information Officer Tim Broadway said medics on Tuesday afternoon found Villalobos, 71, at an indoor shooting range with an apparently self-inflicted gunshot wound to the head. A 9mm semiautomatic handgun was found near his body, according...
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