Wednesday, April 30, 2014

Fraudster gets new, longer prison term | New York Post

Fraudster gets new, longer prison term | New York Post: Opera-loving fraudster Alberto Vilar was re-sentenced Thursday to 10 years behind bars — a year longer than he originally received – for his 2008 fraud and money laundering conviction.

Manhattan federal Judge Richard Sullivan said a longer term was necessary since Vilar, 73, went out of his way to prevent victims from being repaid — and two died waiting to get their money back.

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