Experts say that Republican and Democratic lawmakers contributed to the problem by refusing for years to put state money into pension funds as they should have.
A grand jury indicted three of the people who operated a Jackson Heights bingo hall, accusing them of stealing $830,000 in proceeds meant for the charities going back to January 2007.
Federal regulators accused New Jersey of securities fraud for claiming it was funding public workers’ pensions when it was not.
The state had been accused of failing to inform bond investors that it was underfunding its largest pension plans.
Federal officials filed charges in what they called a “massive fraud and bribery scheme” involving a group of Russian immigrants.
Hank Morris, who had advised a former state comptroller, still faces many counts related to what prosecutors said was a scheme to defraud the state pension fund.
Lawyers representing Brooke Astor’s son and a lawyer who had done work for her had asked that their convictions be thrown out because of an incident involving a holdout juror.
Charges including fraud and insider trading against the free-spending David H. Brooks, whose company was enriched by military contracts, is going to a jury.