alfred villalobos

Alfred Villalobos, Stateline resident and key figure in CalPERS scandal, commits suicide

Alfred J.R. Villalobos, a former state pension fund board member who faced trial next month on federal corruption and bribery charges, has committed suicide, officials said Wednesday.

The Reno Police Department confirmed that Villalobos' death was a suicide, but the Washoe County Medical Examiner's Office declined to provide further details because of an ongoing investigation.

Ex-chief of huge pension fund guilty of bribery; South Lake Tahoe businessman still faces charges

The former head of the nation’s largest pension fund admitted Friday that he took bribes, including hundreds of thousands of dollars stuffed in paper bags and a shoe box, and helped an associate collect millions in a fraudulent investment scheme.

Fred Buenrostro Jr. pleaded guilty in San Francisco federal court to fraud and bribery charges stemming from his time as chief executive of the California Public Employees’ Retirement System from 2002 to 2008.

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