BUFFALO, N.Y. — Alain Kaloyeros will not serve any more jail time, nearly a decade after being charged in the Buffalo Billion Scandal.
Kaloyeros pleaded guilty on Monday in Federal Court, and was sentenced to time served and a $100,000 fine.
Kaloyeros was one of several men convicted in a pay-to-play conspiracy back in 2018, which included a $750 million contract to build a solar-panel manufacturing facility in Buffalo, which was the centerpiece of then Governor Andrew Cuomo’s Buffalo Billion economic-development program. Prosecutors called the scheme an “enormous fraud” and said it involved state-funded contracts worth more than $850 million being steered to favored developers…