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Cuomo's 'Economic Czar' Guilty Of Fraud In Buffalo Billions Project

Gothamist Friday, 13 July 2018
Cuomo's 'Economic Czar' Guilty Of Fraud In Buffalo Billions ProjectAlain E. Kaloyeros, Governor Andrew Cuomo’s former “economic czar” and head of the Buffalo Billions program, was found guilty yesterday of rigging the bidding system worth hundreds of millions of dollars in favor of two companies that donated to Cuomo's reelection campaign. Louis Ciminelli, Steven Aiello, and Joseph Gerardi, the executives of the companies that received these contracts, were also found guilty of fraud and conspiracy. [ more › ]
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Credit: CBS 2 New York - Published < > Embed
News video: Guilty Verdicts Reached In 'Buffalo Billion' Trial

▶ Guilty Verdicts Reached In 'Buffalo Billion' Trial 00:37

A federal jury in New York convicted key players Thursday on charges related to Gov. Andrew Cuomo's "Buffalo Billion" economic redevelopment program. CBS2's Kristine Johnson reports.

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