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CalPERS board member settled fraud lawsuit linked to city corruption probe

By   /   March 8, 2014  /   Comments Off

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Louis F. Moret

A CalPERS board member paid $67,000 to settle a civil fraud lawsuit tied to a political corruption probe in a Los Angeles suburb.

Louis F. Moret, appointed to a four-year term on the Cal-PERS board in February 2008, was sued by the city of South Gate after testifying in a criminal trial about his role in steering city contracts to preferred bidders. Four men were given prison sentences, including a powerful city treasurer whom Moret considered a prot

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Dan OBrien


Cactus Thorns has been online in one form or the other since 2001. What started as a personal blog documenting the corruption and lack of Due Process of the 29 Palms Community Development Department has turned into over these many years into a hugely popular Independent Alternative News Media Outlet. We have partnered with other media including The Desert Star Weekly, Joshua Tree Star, other blogs, indie media and an incredible staff of volunteer Reporters, Commentators and Opinion Makers to create one of the most read, honest and dependable alternative to the Local traditional Media services in the country. Thanks to you the reader we are in the 5% of most read sites in the World.

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