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Wednesday, December 3, 2014

Ex-NY Islanders co-owner gets 10 years in prison for securities fraud

A former money manager who once co-owned the New York Islanders hockey team was sentenced on Wednesday to 10 years in prison for participating in a fraud valued at roughly $554 million that lasted more than a decade. Paul Greenwood, a former executive at WG Trading Co in Greenwich, Connecticut, had sought less than five years in prison during his sentencing in New York federal court, citing his cooperation with authorities.

http://www.lfpress.com/2014/12/03/ex-ny-islanders-co-owner-gets-10-years-in-prison-for-securities-fraud

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