Ethics agency could claw back Cuomo's $5M book deal profits
Fox News
Disgraced former Gov. Andrew Cuomo could be forced to return the royalties gained from his $5.1 million book deal if it’s determined that he violated New York law, the top official sitting on the state’s ethics agency told lawmakers in Albany on Wednesday.
"If the financial gain is significantly more than any fines or penalties [that] can be invoked, there’s an obvious encouragement for the behavior… if I get a $5,000 fine for a $5 million book deal — that’s not much of a deterrent. So I guess my question is, again, hypothetically, if financial gain is significant, is there a mechanism for JCOPE to claw back beyond just a standard fine or penalty, but the actual gain itself?" probed Stec. Berland replied that the statute does provide "for a penalty that includes recoupment of the compensation or benefits received by the individual."More Related News