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Former NY exec gets prison for $185M stock swindle

CENTRAL ISLIP, New York (AP) — The founder of America's leading supplier of body armor to the U.S. military was sentenced Thursday to 17 years in prison for running a $185 million stock swindle in which he used the proceeds to finance luxuries such as lavish parties featuring Tom Petty, Aerosmith an

https://apnews.com/former-ny-exec-gets-prison-for-185m-stock-swindle-3bad9455b69d4136a3e8acde065a5994
Sentencing Legal proceedings Industries Fraud Tom Petty General news Securities fraud Industrial products and services Point Blank Solutions Inc. Corporate law and regulation Aerospace and defense industry Business North America Crime
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