I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
An investment advisor who did work for the state of New Mexico has pleaded guilty to felony security fraud violations related to a kickback scheme in New York, the Office of New York Attorney General Andrew Cuomo announced earlier today.
Saul Meyer is the founder of Aldus Equity, which advised New Mexico’s State Investment Council and Educational Retirement Board for several years until it was fired. Aldus has come under increasing scrutiny in recent months as Federal prosecutors are investigating Aldus’s role in New Mexico’s investments, according to federal subpoenas made public earlier this year.
The State Investment Council and the Educational Retirement Board fired Aldus as investment adviser earlier this year around the time Aldus’ founder, Saul Meyer, was indicted in an ongoing New York investigation involving pay-to-play allegations.
That New York inquiry has unearthed what that state’s attorney general has called questionable practices here in New Mexico.
Among the allegations were that Meyer helped the son of the New York state comptroller, Alan Hevesi, win a lucrative contract in New Mexico for a firm he was representing in return for Aldus’ increased business in New York, according to the New York criminal complaint.
At the time, the comptroller’s son, Dan Hevesi, was acting as a third-party marketer. Meyer was charged in the New York criminal probe.
