State political consultant freed after fraud conviction
ALBANY New York’s parole board is setting free a once powerful political consultant convicted in an influence-peddling scandal at New York’s pension fund.
Hank Morris was paroled Tuesday.
The 59-year-old Democrat has spent more than two years in prison and made restitution of $19 million for felony securities fraud.
Morris was a longtime consultant for then-state Comptroller Alan Hevesi. Morris was sentenced to 1 1-3 to 4 years in prison and denied parole twice, the board citing “a reasonable probability” he would break the law again.
Morris acknowledged using his ties to Hevesi to get millions of dollars in payouts for himself, channel money to cronies and solicit campaign contributions from firms seeking state pension fund business.
Hevesi, convicted of official misconduct, was sentenced to 1 to 4 years in prison and paroled after 20 months.