Grand Jury Expands Corruption Charges Against Former CalPERS Board Member
Last week, a federal grand jury expanded charges against former CalPERS board member Alfred Villalobos. Under the new indictment, Villalobos is accused of bribing and conspiring with the pension fund's then-CEO to complete a $3 billion deal with a private equity firm and conspiring to commit fraud.
- "New Charges Filed in Case Against Ex-CalPERS Official in Corruption Case" (Lifsher, Los Angeles Times, 8/7).