Boston Herald - Boston Herald: Former NY exec gets prison for $185M stock swindle

Boston Herald - Boston Herald

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Former NY exec gets prison for $185M stock swindle Aug 15th 2013, 23:52, by By Associated Press, Associated Press CENTRAL ISLIP, N.Y. — 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 and the Eagles.

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