May 31, 2016
A California federal judge on Tuesday handed a 4 1/2-year prison sentence to the former CEO of the California Public Employees Retirement System, who admitted to accepting more than $200,000 in bribes, prosecutors said.
May 20, 2016
Prosecutors on Thursday urged a California federal judge to hand a four-year prison sentence to the former CEO of the California Public Employees Retirement System after he pled guilty to conspiracy to commit fraud in connection with a notorious $3 billion pay-to-play investment scheme.
January 15, 2015
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.
July 11, 2014
The former CEO of the California Public Employees Retirement System on Friday pled guilty to conspiracy to commit fraud with ex-CalPERS board member and former Los Angeles Deputy Mayor Alfred Villalobos in connection with a notorious $3 billion pay-to-play investment scheme.
July 01, 2014
Former California Public Employees Retirement System CEO Federico Buenrostro Jr. will plead guilty to conspiring to commit fraud with CalPERS board member and former Los Angeles Deputy Mayor Alfred Villalobos in connection with a notorious $3 billion pay-to-play investment scheme, his attorney said Tuesday.
April 10, 2013
Former California Public Employee Retirement System board member and ex-deputy mayor of Los Angeles Alfred Villalobos on Tuesday pled not guilty to conspiring to commit fraud with ex-CalPERS CEO Federico Buenrostro in connection with a notorious $3 billion pay-for-play investment scheme.