Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Feds investigate New York lawmaker

|
|
 
  
Published: Feb. 4, 2008 at 8:33 AM

ALBANY, N.Y., Feb. 4 (UPI) -- The majority leader of the New York state Senate was said to be under a widening federal investigation regarding his ties to a Connecticut investment firm.

The firm, Wright Investors' Service, managed tens of millions of dollars in pension money for union locals in an around the Albany, N.Y.-area district of Sen. Joseph Bruno, R-Brunswick, The New York Times reported Monday.

Bruno severed his ties with the company last December shortly after the newspaper revealed Wright was responsible for the union pension funds.

On Sunday, The Times Union of Albany reported federal investigators have issued subpoenas for records related to both Bruno and Wright.

It was the first indication in several months that a 2-year-old federal investigation into Bruno's outside business interests was still active, The New York Times said.

In response to the report, Wright Investors' Service issued a statement saying Bruno had assured them he disclosed their relationship in public filings and that authorities concluded it posed no substantive conflict of interest.

Topics: Joseph Bruno
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
The Tibetan Moniam Festival in China Super Bowl XLVI ticker tape victory parade The making of the Oscars
The Chicago Auto Show The Most Desirable Women of 2012 Tu Bishvat Migron settlement
Additional Top News Stories
1 of 30
Valentine's Day Ramallah, West Bank
View Caption
fark
Empire State building IPO issued. Subby also has a bridge to sell you as well
Reverend Sun Myung Moon cedes mass wedding business to Morning Zoo dj's, let's see if anybody notices...
"No, your honor. It's just a social club. That hangs out in the woods. With high powered rifles....
New SI swimsuit cover girl is Republican congressman's niece
Can't sleep. Must eat Pope in woods. And wear his hat. Or something
What booty calls, prostitutes, cigars, the Village People have in common? They are all things FBI...