New York City

New Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes

If new funding sources for the Metropolitan Transportation Authority (MTA) are not identified, the authority may have to raise fares and tolls faster than planned to improve a system that has deteriorated sharply in recent years, according to an analysis of the MTA’s financial plan released today by State Comptroller Thomas P. DiNapoli.

Comptroller DiNapoli & A.G. Schneiderman Announce Arrest of Brooklyn Man for Allegedly Pocketing over $23K in Deceased Mother's Pension Benefits

State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the unsealing of a one-count indictment charging Jimmie Buie, a resident of Brooklyn, with Grand Larceny in the Third Degree, a class D felony. Jimmie Buie is alleged to have stolen over $23,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and December 2012.

Comptroller DiNapoli & A.G. Schneiderman Announce Sentence of Brooklyn Man for Stealing Over $22K in Deceased Mother's Pension Benefit

New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the sentencing of Jimmie Buie, a Brooklyn resident, for stealing over $22,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and December 2012. Jimmie Buie was convicted of Attempted Grand Larceny in the Third Degree and sentenced to 1 ½ to 3 years in state prison by the Honorable Elizabeth Foley in Kings County Supreme Court.

DiNapoli: Wall St. Profits on Pace to Beat 2016

Securities industry profits totaled $12.3 billion in the first half of 2017, one-third higher than the $9.3 billion earned in the same period last year, putting Wall St. on pace for a second consecutive year of higher profits, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

Rabbi Who Pleaded Guilty to Stealing $5 Million of Funds Intended for Special Needs Students Sentenced to Up to Three Years in Prison

Queens District Attorney Richard A. Brown, joined by New York State Comptroller Thomas P. DiNapoli, today announced that Rabbi Samuel Hiller, the former assistant director of Island Child Development Center, once one of the City's largest providers of special education services to preschoolers with disabilities, has been sentenced to up to three years in prison for stealing $5 million in City and State funding between 2005 and 2012 – money that was intended for special needs students between ages three and five.

DiNapoli Says Wall Street May Still Have a Good Year Given Strong Start

Wall Street’s profits were strong in the first half of 2015 at $11.3 billion, the strongest first half since 2011, and may have positioned New York City’s securities industry for a good year despite recent economic developments, according to a report issued by New York State Comptroller Thomas P. DiNapoli today.