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30.01.2019 12:51
Loretta A. Preska in Manhattan said Paul Greenwood, 69, deserved a reduction to five years. She noted that he regularly did cha Antworten

NEW YORK -- A former New York Islanders co-owner who received a 10-year prison term for a fraud conviction had his sentence cut in half Wednesday by a judge who cited his good deeds and cooperation with prosecutors.U.S. District Judge Loretta A. Preska in Manhattan said Paul Greenwood, 69, deserved a reduction to five years. She noted that he regularly did charitable acts long before he became embroiled in an over half-billion-dollar financial fraud that spanned a dozen years.The 2nd U.S. Circuit Court of Appeals in Manhattan ordered the resentencing this year, saying another judge wrongly based the 10-year sentence in part on a finding that Greenwood had left some individuals financially devastated.Assistant U.S. Attorney Jessica Masella said 98 to 99 percent of investors money had been recovered, and the government sent the judge a letter citing the role Greenwoods substantial cooperation had played in the prosecution of another defendant, Stephen Walsh.Walsh eventually pleaded guilty and was sentenced to 20 years in prison.Greenwood and Walsh owned a controlling interest in the Islanders hockey team from 1992 to 1996.Greenwood pleaded guilty in 2010 to securities fraud, admitting cheating charities, schools and others out of hundreds of millions of dollars. He used a portion of the money to buy collectible teddy bears and to invest in $100,000 horses.According to a 2008 magazine article, Greenwoods collection of teddy bears included more than 1,350 Steiff toys. Among them were 74 bears, plus birds, cats, insects, dinosaurs, kangaroos, seals and squirrels.Prosecutors said Walsh and Greenwood carried out the fraud from 1996 through February 2009, cheating institutional investors in particular.During those years, the men operated a securities business while Greenwood lived in North Salem, Connecticut. The businesses included WG Trading Co. LP, based in Greenwich, Connecticut, and Westridge Capital Management Inc., in Santa Barbara, California.Five years ago, Greenwood moved to Southern Pines, North Carolina, where his lawyer said he regularly tutored veterans and performed other charity work.Speaking by phone from prison Wednesday, Greenwood again apologized.I cannot express deeply enough how sorry I am, he said. http://www.bengalsrookiestore.com/Bengals-Boomer-Esiason-Jersey/ . He was followed closely by David Clarkson, donning red, seconds later. Clarksons actions one night earlier, leaping off the bench in defence of Kessel during a pre-season game against the Buffalo Sabres, will cost him the first 10 games of the regular season. http://www.bengalsrookiestore.com/Bengals-Russell-Bodine-Jersey/ . If ever they start actually putting pictures beside words in the dictionary, the Blue Jays left-handers mug will appear beside “Consistency. http://www.bengalsrookiestore.com/Bengals-Michael-Johnson-Jersey/ .C. -- Glenn Howard needed an extra end to move into the Masters Grand Slam of Curling final. http://www.bengalsrookiestore.com/Bengals-Brandon-Lafell-Jersey/ . - The Oakland Raiders re-signed offensive lineman Khalif Barnes on Friday. http://www.bengalsrookiestore.com/Bengals-Clayton-Fejedelem-Jersey/ .Y. -- Sabres forward Drew Stafford has witnessed plenty of turmoil during his eight seasons in Buffalo. INGLEWOOD, Calif. -- WBO cruiserweight champion Oleksandr Usyk will defend his belt on the undercard of Bernard Hopkins farewell fight Dec. 17.Usyks promoters announced his bout against South Africas Thabiso Mchunu on Wednesday.Usyk (10-0, 9 KOs) will make his U.S. debut at the Forum before the 51-year-old Hopkins bout against Joe Smith Jr.Usyk was an Olympic gold medalist in London four years ago. The Ukrainian power puncher stopped his first nine professionnal opponents before winning his belt in September with a dominant decision over Polands Krzysztof Glowacki.ddddddddddddUsyk is managed by Egis Klimas, who also works with Russian light heavyweight champion Sergey Kovalev and Ukrainian super featherweight star Vasyl Lomachenko, Usyks close friend. All three fighters train in Oxnard. Cheap Jerseys China NFL Jerseys China NFL Jerseys Wholesale Discount Basketball Jerseys Cheap NHL Jerseys Authentic Cheap Baseball Jerseys Free Shipping Cheapest College Jerseys Sale Cheap Football Jerseys China Nike NFL Jerseys Canada Wholesale NHL Jerseys From China MLB Jerseys Outlet Canada Wholesale NBA Jerseys Canada Store Cheap Soccer Jerseys China Cheap Authentic Jerseys Canada ' ' '

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