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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

DiNapoli Expands State Pension Fund's In-State Investment Program

New York State Comptroller Thomas P. DiNapoli today announced the creation of the $200 million New York Credit Small Business Investment Company (SBIC) Fund to provide credit financing to eligible companies and deliver attractive returns to the state pension fund.

Comptroller DiNapoli & A.G. Schneiderman Announce Guilty Plea by New Jersey Man Resolving Allegations of Theft of Over $78,000 in New York State Pension Benefits

New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the guilty plea of Terence Fitzpatrick, 53, of Monmouth County, New Jersey, to the crime of Attempted Grand Larceny in the Second Degree, a class D felony, in Albany County Court. Fitzpatrick faces a maximum penalty of 2 and 1/3 to 7 years in prison.

Comptroller DiNapoli and A.G. Schneiderman Announce Indictment of NYC Councilman Ruben Wills In Public Corruption Scheme

New York State Comptroller Thomas P. DiNapoli and New York State Attorney General Eric T. Schneiderman today announced the indictment of New York City Council Member Ruben Wills for allegedly pocketing both public campaign funds and charitable grant money for personal benefit. Mr. Wills and a member of his family that he enlisted as a co-conspirator have been indicted by a Queens grand jury after an investigation exposed the theft of approximately $30,000 and a subsequent attempt by the Councilman to cover their tracks.

DiNapoli: New York City's Immigrant Population Playing Increased Role in Economy

Immigrants accounted for $257 billion in economic activity in New York City in 2013, nearly one-third of the city’s total economic output and nearly twice the level in 2000, according to a new report issued today by New York State Comptroller Thomas P. DiNapoli. The report also revealed that immigrants, any foreign-born resident who was not a U.S. citizen at birth, account for 37 percent of the city’s population, the largest share in 100 years.

DiNapoli: Positive Fiscal Outlook for Plattsburgh

A steady population, an expanding tax base and a diverse economy have helped establish a stable financial foundation for the city of Plattsburgh, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report is part of DiNapoli’s fiscal stress initiative and is the latest in a series of fiscal profiles on municipalities across the state.

Comptroller DiNapoli and A.G. Schneiderman Announce Guilty Plea by Former Met Council CFO in $9M Kickback Scheme

New York State Comptroller Thomas P. DiNapoli and New York State Attorney General Eric T. Schneiderman today announced the guilty plea of Herbert Friedman, former chief financial officer of the Metropolitan Council on Jewish Poverty (Met Council). Friedman pleaded guilty to felony Grand Larceny and Conspiracy charges for facilitating the theft of $9 million from the taxpayer-funded nonprofit organization in a 20-year grand larceny and kickback scheme.