Misplaced Pages

William A. DiBella

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

This is an old revision of this page, as edited by Horse Eye Jack (talk | contribs) at 17:26, 26 June 2018. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 17:26, 26 June 2018 by Horse Eye Jack (talk | contribs)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)

William A. DiBella (May 17, 1943) is a Connecticut politician and businessman who has served as Chairman of the Board at the Metropolitan District of Connecticut since 2002, a post he previously held from 1977 to 1981. DiBella is currently a lobbyist, and a Principal at CMD Ventures LLC., a company which specializes in real estate management and property development.

Personal life

William DiBella is married to Donna DiBella and the couple have a son named Marc who is also a politician and lobbyist in Hartford. William DiBella resides with his wife in Old Saybrook and with his son at his son’s apartment in Hartford’s iconic, I.M. Pei designed, Bushnell Tower; but for political reasons he maintains legal residency in Hartford.

Political career

DiBella’s political career got its start when he was elected as a member of the Hartford City Council, a position he would hold from 1971 to 1979. He was also Deputy Mayor of Hartford from 1975 to 1977, serving under Mayor George A. Athanson. DiBella served as the Representative for Connecticut's 1st assembly district from 1981-1983, a district consisting of Southeastern Bloomfield and Northwestern Hartford. In 1983 he was elected to the Connecticut State Senate and served as the Majority Leader from 1992-1994.

Scandals

In 2016 a complaint was made that DiBella did not meet the legal residency standards of a Hartford resident. The complaint was made that DiBella lived in Old Saybrook, Connecticut with his wife while claiming to live in Hartford even though he owned no property there. DiBello claimed that he was living with his son Marc when in Hartford and had his own bedroom in their apartment. The State of Connecticut Election Enforcement Commission investigated the claim and found in DeBella’s favor in part because he kept a toothbrush and other minor toiletries at his son’s apartment and he also received mail there.

In 2008 a Federal Court ordered William A. DiBella to pay a penalty of $795,000 for his role in a fraudulent investment scheme. It was alleged that DiBella was involved in a scheme with former Treasurer of the State of Connecticut Paul J. Silvester in which they received kickbacks from Thayer Capital Partners in return for steering $75 million in State Retirement and Trust Fund business to them. DiBello used his career as a lobbyist to cover up the illegal income. The US Securities and Exchange Commission became interested in DiBella during the course of a bribery investigation into Silvester and Thayer Capital.

His relationship with the press has been contentious, a New York Times article claims that his nickname among the press is "the Ken doll from hell.” a nickname that makes light of his trademark hair and flashy style.

References

  1. "Board Members". MDC. Retrieved 26 June 2018.
  2. Bloomberg.com. Bloomberg https://www.bloomberg.com/research/stocks/private/person.asp?personId=672672&privcapId=34268&previousCapId=22043908&previousTitle=Copley%20Financial%20Services%20Corp. Retrieved 26 June 2018. {{cite web}}: Missing or empty |title= (help)
  3. "Marc A. DiBella Interview". HartfordBusiness.com. Hartford Business. Retrieved 26 June 2018.
  4. Lender, John. "'Toiletries' Help MDC's DiBella Withstand Probe". Courant.com. Hartford Courant. Retrieved 26 June 2018.
  5. CT.gov. Office of the Secretary of State https://portal.ct.gov/SOTS/Election-Services/Election-Results/Election-Results. {{cite web}}: Missing or empty |title= (help)
  6. "Questions Raised on Whether DiBella Meets the Residence Standards to Head the MDC". courant.com. Hartford Courant. Retrieved 26 June 2018.
  7. "File No.2016-106" (PDF). seec.ct.gov. The State of Connecticut Election Enforcement Commission. Retrieved 26 June 2018.
  8. Lender, John. "DiBella Residency". courant.com. Hartford Courant. Retrieved 26 June 2018.
  9. "Litigation Release No. 21517 / May 5, 2010 Securities and Exchange Commission v. William A. DiBella, Civil Action No. 3:04-CV-1342 (EBB) (D. Conn.) SEC Announces Distribution of DiBella Fair Fund to Connecticut Retirement and Trust Funds". sec.gov. U.S. Securities and Exchange Commission. Retrieved 26 June 2018.
  10. "Litigation Release No. 20498 / March 14, 2008 SEC v. William A. DiBella, et al, Civil Action No. 3:04 CV 1342 (EBB) (D. Conn.) Court Orders William DiBella, Former Majority Leader of the Connecticut State Senate, to Pay Over $791,000 in Connection with Fraud Relating to State Pension Fund". sec.gov. U.S. SECURITIES AND EXCHANGE COMMISSION. Retrieved 26 June 2018.
  11. ZIELBAUER, PAUL. "Insiders Squirm as Corruption Case Slowly Unfolds". nyt.com. New York Times. Retrieved 26 June 2018.
  12. McEnroe, Colin. "Who Are We? Nuts and Bolts; No Sunbeams". nytimes.com. New York Times. Retrieved 26 June 2018.
This article needs additional or more specific categories. Please help out by adding categories to it so that it can be listed with similar articles. (June 2018)
Categories: