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

DiNapoli: Son Who Left His Dad’s Body In Morgue Sentenced For Stealing His Retirement Payments

State Comptroller Thomas P. DiNapoli announced the sentencing today of Christopher Bunn of Queens for concealing his father’s death to collect his pension and Social Security payments.

“This case is a warning to anyone attempting to steal state pension funds,” DiNapoli said. “We are tracking you and you will be prosecuted. I thank District Attorney Brown and the Social Security Inspector General for their partnership with us in rooting out pension fraud.”

DiNapoli: Fire Chief Charged In Alleged $2,700 Gasoline Theft

Pennellville Volunteer Fireman’s Association (VFA) Fire Chief Duane Royal was charged with grand larceny Sunday for allegedly stealing gas from the fire association for his private use, according to an audit and investigation by State Comptroller Thomas P. DiNapoli.

DiNapoli: Alexandria Clerk Charged In Theft of Town Fees

The former town clerk of the town of Alexandria was arrested today for grand larceny related to the missing $36,742 in public funds and allegedly pocketing cash paid by residents for fines, fees and surcharges, according to State Comptroller Thomas P. DiNapoli.

Comptroller DiNapoli Releases State Audits

New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued:

Albany Port District Commission: Select Financial Management Practices (2015-S-55)

Auditors found the commission’s capital planning and delinquent accounts receivable collection practices to be generally in compliance with commission procedures and laws and regulations, but also noted some minor improvements that can be made in each area.

DiNapoli Expands Anti-Corruption Initiative

State Comptroller Thomas P. DiNapoli today announced that he has expanded his anti-corruption initiative and created a new Division of Investigations to build on efforts which resulted in 30 arrests and the restitution of $3 million last year. The division will be headed by Deputy Comptroller and Counsel for Investigations Nelson Sheingold.

DiNapoli: State Pension Fund Reaches Record High of $176.2 Billion

New York State Comptroller Thomas P. DiNapoli announced today an estimated 13.02 percent rate of return for the New York State Common Retirement Fund (Fund) now valued at an estimated $176.2 billion, the highest amount ever, for fiscal year ending March 31, 2014.

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.