State Comptroller DiNapoli & U.S. Attorney Announce Guilty Plea & Sentencing of Former Albany Resident for Defrauding NYS Retirement System of $130,624
State Comptroller Thomas P. DiNapoli and United States Attorney Beth Drake announced that former Albany resident Joseph F. Grossmann, 68, pled guilty to Bank Larceny, a violation of Title 18, United States Code, § 2113(b), and was sentenced to probation for three years, including one year of home confinement. Grossmann was also ordered to pay $130,624 in restitution to the New York State & Local Retirement System. Magistrate Judge Paige J. Gossett presided at the hearing.