State sues 2 former CalPERS officials

Thursday, May 6, 2010 - 05:10 in Mathematics & Economics

Federico Buenrostro Jr. and Alfred Villalobos are accused of engaging in a scheme to win pension business for investment firms that involves improper gifts. Villalobos' bank accounts are frozen. State authorities sued former top California pension fund officials Federico Buenrostro Jr. and Alfred R. Villalobos on Wednesday for their role in an alleged scheme to get business for investment firms by giving pension...

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