03/20/2013 04:58 pm ET Updated May 20, 2013

Feds Indict Ex-Detroit Pension Fund Attorney, Trustee In Alleged Bribes, Kickback

After 30 years of working for the city's two pension funds, attorney Ronald Zajac was indicted today on charges he was part of a bribery and kickback scheme involving more than $200 million in Detroit pension fund investments.

Paul Stewart, a former trustee of Detroit's Police and Fire Retirement System, also was charged with participating in the scheme, according to the U.S. Attorney's office.

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