Ex-Furniture Co. Exec Gets 2 Years For $17M Bank Loan Fraud

By Pete Brush ( December 8, 2016, 3:53 PM EST) -- A Manhattan federal judge on Thursday sentenced an India-born former chief financial officer to two years in prison for a $17 million scheme to dupe Bank Leumi into backing a now-bankrupt New Jersey furniture company, departing sharply downward from guidelines calling for a sentence in the range of five years....

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