Ex-AIG Exec's Ex-Hubby Gets 9 Months For Horse Farm Fraud

Law360, New York (July 16, 2012, 8:14 PM EDT) -- The ex-husband of former American Investment Group Inc. executive Heidi Walker was sentenced Friday to nine months in prison after the two pled guilty to a scheme to siphon off hundreds of thousands of dollars from AIG and Deutsche Bank AG to fund his upstate New York horse farm.

U.S. District Judge John F. Keenan ordered Peter Pfabe begin his sentence Aug. 6 and recommended that he be incarcerated at a federal prison in the Northeast. The New York federal judge denied a specific request from...
To view the full article, register now.