Paroled ex-NY comptroller: Arrogance was downfall - NEWS10 ABC: Albany, New York News, Weather, Sports

Paroled ex-NY comptroller: Arrogance was downfall


ALBANY, N.Y. (AP) - Former New York Comptroller Alan Hevesi says he broke the law because of arrogance and a sense of entitlement born of rubbing elbows with world leaders.
In a transcript of his parole hearing released Tuesday, the former comptroller says he continued to deny that what he did was wrong even after he was convicted and sent to prison for up to four years. He says he finally admitted his guilt when his adult children confronted him after he was denied parole in his first hearing last November.
Hevesi was granted parole last week after spending 19 months in prison for accepting gifts and campaign donations from people trying to do business with the state pension fund.
As comptroller, the now-72-year-old Hevesi was sole trustee of the fund, now valued at nearly $150 billion.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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