A secret grand jury is probing a possible illegal payoff scam linked to the state pension fund under disgraced ex-Controller Alan Hevesi, the Daily News has learned.
Hevesi's pal cashed in on pension payoff scheme, say sources
The focus of the pay-to-play investigation is whether companies hoping to get work with the monster fund were told they had to give "placement fees" to Hevesi's top political guru, Hank Morris, and others, a source familiar with the case said.
Sources have said Morris took in an incredible $25 million in fees from companies doing business with the pension fund in the four years before Hevesi resigned in shame.
People familiar with the inquiry - led by state Attorney General Andrew Cuomo - have said they believe it will result in criminal charges, possibly by the fall.