Ex-CalPERS CEO Gets 4.5 Years in Prison in Bribery Scheme

Posted on 06/01/2016


Federico (Fred) R. Buenrostro, a former CEO of the California Public Employees’ Retirement System (CalPERS), was sentenced to four years and six months in prison. This is after Buenrostro pleaded guilty in accepting bribes while in charge of the largest U.S. defined benefit plan. Buenrostro has been incarcerated since April 2016. U.S. District Court Judge […]

Get News, People, and Transactions, Delivered to Your Inbox