Former CalPERS CEO To Plead Guilty in Fraud Scheme
Former CalPERS CEO Federico Buenrostro is expected to plead guilty to taking part in a conspiracy scheme with former CalPERS board member Alfred Villalobos to fraudulently secure million-dollar pension fund investments and other self-benefiting deals. Buenrostro also is expected to cooperate with prosecutors in building a case against Villalobos.
- "Ex-CalPERS Chief To Plead Guilty" (Lifsher, Los Angeles Times, 6/30).
- "Former CalPERS CEO To Plead Guilty in Corruption Case" (Young, Sacramento Business Journal, 6/30).
- "Former CalPERS CEO Buenrostro Plans To Plead Guilty in Pension Corruption Case, Lawyer Says" (Kasler, Sacramento Bee, 7/1).