Ex-head of New York's Polytechnic Institute sentenced to years in prison

FILE - In this June 19, 2018, file photo, Alain Kaloyeros, a former president of the State University of New York's Polytechnic Institute, arrives at federal court for his corruption trial in New York. (AP Photo/Mark Lennihan, File)

The former head of the State University of New York's Polytechnic Institute has been sentenced to 3½ years in prison for his role in corrupting the state's Buffalo Billion project.

Posted: Dec 11, 2018 10:03 AM
Updated: Dec 11, 2018 5:45 PM

NEW YORK (AP) - The former head of the State University of New York's Polytechnic Institute has been sentenced to 3½ years in prison for his role in corrupting the state's Buffalo Billion project.

Alain Kaloyeros was sentenced Tuesday in Manhattan federal court by Judge Valerie Caproni.

She also fined him $100,000. The judge said he can remain free on bail pending appeal because there was a substantial legal question that the appeals court must consider.

However, she said he must report to prison two months after the appeals court rules, if it upholds the conviction and sentence.

Kaloyeros, who apologized to New York state residents, was convicted in July of conspiracy and wire fraud.

His lawyers said afterward they still believe him to be "an innocent man."

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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