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Jailed Ex-CEO's Old Bootlegging Precedent Flops In 2nd Circ.

By Pete Brush (March 11, 2020, 6:10 PM EDT) -- A jailed former metal company CEO trying to undo his conviction for scheming to ship metallic powder to Iran in violation of U.S. sanctions ran into pushback in the Second Circuit on Wednesday, with three judges suggesting a 1940 U.S. Supreme Court ruling in a bootlegging conspiracy case cited by his counsel was unlikely to help him....

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