New York State Comptroller Thomas P. DiNapoli issued the following statement on three former Orange County Industrial Development Agency(IDA) officials who pled guilty today to defrauding the IDA and were ordered to pay $1.2 million in restitution:
“Industrial Development Agencies exist to economically benefit their communities, not the officials running them. The defendants corrupted the Orange County IDA through a web of conflicts of interest, false statements and pay-offs,” said DiNapoli. “Although their scheme was complex, their motives were simple: greed. We must have zero tolerance for public corruption. Thanks to our partnership with Orange County District Attorney David M. Hoovler and the New Windsor Police, we were able to bring their crimes to light and recover their ill-gotten gains.”
Since taking office in 2007, DiNapoli has committed to fighting public corruption and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected], or by mailing a complaint to: Office of the State Comptroller, Division of Investigations, 8th Floor, 110 State St., Albany, NY 12236.