Alain E. Kaloyeros, a principal architect of Gov. Andrew M. Cuomo’s signature economic development initiative, was convicted on Thursday in a bid-rigging scheme that steered hundreds of millions of dollars in state contracts to favored companies in Buffalo and Syracuse.
Dr. Kaloyeros, 62, was found guilty of wire fraud and conspiracy in the fourth week of a federal trial in Manhattan that invited harsh scrutiny of Mr. Cuomo’s ambitious plan to revitalize upstate and western New York, known as the Buffalo Billion.
The verdict was immediately seized on by the governor’s political rivals to criticize what they say has been a culture of corruption enabled by Mr. Cuomo; they also pointed to a conviction of one of the governor’s former top aides, Joseph Percoco, who was found guilty earlier this year of accepting more than $300,000 in bribes from executives working for two companies with state business.
Read the original article here: nytimes.com
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