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State Comptroller DiNapoli and Manhattan U.S. Attorney Bharara Announce Arrest of Joseph Grossmann for Defrauding New York State Pension Fund of Over $130,000
… alleged, Joseph Grossmann methodically devised a scheme to steal a deceased New York State employee’s pension money. … lied, created fake documents, and deceived state officials to ensure he got his hands on money that didn’t belong to … Pensioner-1. This response also included a direct deposit form, requesting that all future pension payments be remitted …
https://www.osc.ny.gov/press/releases/2016/05/state-comptroller-dinapoli-and-manhattan-us-attorney-bharara-announce-arrest-joseph-grossmannDiNapoli: Special Education Pre-K Provider Claimed Nearly $1 Million in Ineligible Expenses
… Learning Center Inc., claimed nearly $1 million in expenses that did not qualify for reimbursement from … ended June 30, 2013, DiNapoli’s auditors found $942,998 in reported costs that did not meet the state’s requirements … for reimbursement. The ineligible costs included $621,356 in personal service costs and $321,642 in other than personal …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-special-education-pre-k-provider-claimed-nearly-1-million-ineligible-expensesDiNapoli: State Correction Commission Falling Short in Tracking Problems or Inspecting Prisons
… indicate problematic trends at those facilities, according to an audit released today by State Comptroller Thomas P. … information system lacks the ability to produce reports on how complaints and inmate grievances are resolved and how long they have been in process. For state Department of …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-state-correction-commission-falling-short-tracking-problems-or-inspecting-prisonsState Audit Shows Need to Improve Response to Noise Complaints in NYC
… The growing number of noise complaints related to nightlife establishments in New York City highlights the … (SLA) and the New York City Police Department (NYPD) to better communicate and crack down on bars and clubs with … nightlife establishments. Auditors determined that 277 locations had 100 or more complaints lodged against them. …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycDiNapoli: Economic Snapshot Shows The Bronx Making Impressive Gains in Addressing Challenges
… The Bronx is setting records for population, business and job … said Assemblymember Nathalia Fernandez (D-Norwood, Morris Park, Pelham Parkway, and Allerton) . "Local elected …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-economic-snapshot-shows-bronx-making-impressive-gains-addressing-challengesNY State Comptroller DiNapoli Statement on Supreme Court Decision in Janus Case
… protect public employee unions. But we must stand together to defend unions and working families in all parts of our … fight further attacks by special interest groups that mean to undermine decades of progress. "Labor remains the backbone … and promote safe working conditions. "I will continue to call for policies that not only help to create new jobs …
https://www.osc.ny.gov/press/releases/2018/06/ny-state-comptroller-dinapoli-statement-supreme-court-decision-janus-caseDiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… Thomas P. DiNapoli today released a report on student loan debt which found the average New Yorker with college … than the national average of $29,700. In New York, student loan debt more than doubled during the last decade, growing … but also for the state’s economy.” The number of student loan borrowers has risen sharply in New York over the past …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… The state Department of Health (DOH) failed to collect nearly $120 million in available rebates over a … because of ineffective policies and processes, according to an audit released today by New York State Comptroller … Thomas P. DiNapoli. “The Department of Health can do more to maximize rebate collections from drug companies,” DiNapoli …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesChanges in Federal Policies Pose Significant Risks for New York City's Budget
… Projected budget gaps for New York City in the coming years appear manageable, but … and insurance premiums to rise. Under the legislation, the size of the federal deficit would likely grow, increasing … also identified budget risks that could increase the size of the FY 2019 budget gap by as much as $821 million. …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… an approximated 21 percent internal rate of return for the New York State Common Retirement Fund (Fund), New … from 2006-2009. In 2012, 5LINX was named the 77th largest direct sales company in the world by Direct Selling News. For … Fund New York State Comptroller Thomas P. DiNapoli is trustee of the New York State Common Retirement Fund, the …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000
… in the misuse of public funds.” Junkovic, 49, of the Bronx, pleaded guilty in March to one count of mail fraud and …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… Securities industry profits rose dramatically in 2017 for the second consecutive year and … securities industry employees who work in New York City rose by 17 percent during the traditional December-March … and commonly requested data. … Securities industry profits rose dramatically in 2017 for the second consecutive year and …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… HHC projects a cash balance of $116 million by June 30, enough to pay its bills for only seven days. This …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… in this workforce, which is predominately comprised of women and people of color, we advance equity in our state … than 50,000 state contracts, visit www.openbooknewyork.com . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… Project operators estimated that 221,287 jobs would be created during the life of their projects, with a median …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… provides vital access to healthcare for millions of New Yorkers, which is why we cannot afford to allow mistakes … more.” The Medicaid Drug Rebate Program (MDRP) was created in 1990 to lower government expenses. DOH is supposed to … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli Statement on Guilty Plea in Federal Court of Cancer Care Provider
… Attorney Bharara, leading to charges that Junkovic, of the Bronx, through the not-for-profit corporation Cancer Service …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-statement-guilty-plea-federal-court-cancer-care-providerDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… to 34% nationally. Renters Most Burdened By Housing Costs One million tenants or 53% of households spent over 30% of … of Living in New York City: Housing Other related work NYC's Shifting Population: The Latest Statistics Residential Real Estate in NYC: Rising Tax Bills During COVID Fuel Disparities New York …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… P. DiNapoli. The full op-ed is below: New York needs to boost financial education in our schools Young people in … a great knowledge of many subjects, but they have much to learn about personal finance. Many states have already … financial ends meet than people with lower financial know-how. In New York state, during last year’s legislative …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… New York State Comptroller Thomas P. DiNapoli was joined in Belfast by … Northern Ireland companies from the New York State Common Retirement Fund. The investment from the state pension fund’s private …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-ireland