Man Who Sold Old Parts To Navy Sentenced To 4 Years

Law360, New York (December 7, 2012, 6:53 PM EST) -- A man convicted of selling old electronic parts to the U.S. Navy for its nuclear reactors, aircraft and weapons systems was sentenced to four years in prison Friday and ordered to turn over about $850,000 by an Ohio federal judge.

U.S. District Judge Gregory L. Frost ordered Jerome Rabinowitz, 69, to forfeit $355,000 he cost the U.S. Department of Defense from mail and wire fraud, pay restitution of $492,000 and turn over a 5.29-carat Cartier diamond ring he bought with some of the money he made...
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