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Jury convicts key players in Buffalo Billion corruption case

Alain Kaloyeros, a former president of the State University of New York's Polytechnic Institute, leaves Federal court on Wednesday, July 11, 2018, in New York. (AP Photo/Mary Altaffer)

A federal jury in New York has convicted key players of corruption in Gov. Andrew Cuomo's "Buffalo Billion" economic redevelopment program.

Posted: Jul 12, 2018 4:58 PM
Updated: Jul 12, 2018 5:38 PM

NEW YORK (AP) - A federal jury in New York has convicted key players of corruption in Gov. Andrew Cuomo's "Buffalo Billion" economic redevelopment program.

The jury in Manhattan federal court returned its verdict Thursday after a month-long trial that put a spotlight on how lucrative contracts were awarded for redevelopment projects in Syracuse and Buffalo worth hundreds of millions of dollars.

Prosecutors maintained the bidding process was corrupt and that deals were steered to favored developers.

One of the lead defendants in the case was Alain Kaloyeros, formerly the president of the State University of New York's Polytechnic Institute.

Prosecutors said Kaloyeros helped Buffalo developer Louis Ciminielli's company win a job in Buffalo worth a half billion dollars.

They said two other developers unfairly won a $100 million job in Syracuse.

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