Another bribery and corruption scandal and criminal prosecution in deep blue CA, maybe elections fraud will be cleaned up some day, as well
Posted on | July 12, 2014 | 1 Comment
Sierra Sun Times | – |
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July 11, 2014 – SAN FRANCISCO – Fred Buenrostro pleaded guilty today to conspiracy to commit corruption and fraud charges stemming from a conspiracy to trade official acts for cash and benefits, announced U.S.
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July 14th, 2014 @ 10:37 am
Villalobos, who was a member of the CalPERS board between 1993 and 1995, later became a placement agent. In that role, he collected fees of between 1% and 2% for deals worth hundreds of millions of dollars to the clients of his Nevada firm, ARVCO Capital Research.
According to the indictment, Villalobos and Buenrostro were involved in a series of transactions in 2007 and 2008 when Buenrostro was the boss at CalPERS.
https://www.latimes.com/business/la-fi-calpers-scandal-20140701-story.html
In 1993 and 1995, the Governor was Pete Wilson, Republican.
In 2007 and 2008, the Governor was Arnold Schwarzenegger, Republican.