Former CalPERS Officials Indicted on Fraud Charges
Former CalPERS CEO Fred Buenrostro and former CalPERS board member Alfred Villalobos have been indicted on charges of fraud, conspiracy and obstruction of justice. The indictment -- unsealed on Monday -- comes after a long investigation into the defendants' alleged fraudulent efforts to secure million-dollar pension fund investments and other self-benefiting deals.
- "Two Former CalPERS Officials Indicted on Fraud Charges" (Lifsher, Los Angeles Times, 3/19).
- "Former CalPERS Chief Indicted Over Fraud" (Lattman, "DealB%k," New York Times, 3/18).
- "Two Former CalPERS Officials Indicted" (Kasler, Sacramento Bee, 3/19).