Former Payroll Consultant Arrested In NY Scandal
NEW YORK (AP) -- The project manager who developed New York City's troubled CityTime payroll system has been arrested on charges that he received at least $5 million in kickbacks for his work.
Gerard Denault was awaiting a court appearance in Manhattan Friday after he was arrested Thursday in Danbury, Conn.
1010 WINS' Stan Brooks has more on the scandal.
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Prosecutors said he laundered the kickback money through international shell companies. Authorities have said consultants including Denault bilked the city out of $80 million as they worked on a plan to help the city cut costs and save money.
The project was supposed to modernize the payroll system for city employees at a cost of $63 million. It has cost $700 million so far.
It was not immediately clear who would represent Denault in court.
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