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US Attorney Drops NYRA Indictment

Thursday, 15th September 2005

In the US, the Attorney's Office for the Eastern District of New York (acting on a "140-page report on the New York Racing Association by the court-ordered monitoring firm Getnick & Getnick") dismissed NYRA's "deferred indictment & ended a deferred prosecution agreement struck in December 2003 for NYRA's involvement in tax evasion & money laundering by its pari-mutuel clerks," reported thoroughbredtimes.com. New York State Comptroller Alan Hevesi summed up: "They cleaned up their act. There has been a remarkable improvement at NYRA. It is not the same agency it was 18 months ago. Two years ago, the New York Racing Association was the poster child for mismanagement & corruption.The management at NYRA has completely changed."

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