Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced that PETER GALBRAITH KELLY JR., a former executive at Competitive Power Ventures (“CPV”), pled guilty to defrauding CPV by misrepresenting that the former Executive Deputy Secretary to the Governor, Joseph Percoco, had obtained state ethics approval for his wife to work at CPV. After an eight-week jury trial, co-defendants Joseph Percoco and Steven Aiello were convicted of charges relating to bribery. The jury was deadlocked on the charges against Kelly. Joseph Gerardi was acquitted of all charges. KELLY pled guilty to one count of conspiracy to commit wire fraud before United States District Judge Valerie E. Caproni.