Ex-Mutual Benefits CEO Gets 20 Years For $837M Fraud

By Nathan Hale (August 29, 2014, 7:29 PM EDT) -- Ailing former Mutual Benefits Corp. CEO Joel Steinger received a 20-year sentence Friday in Miami federal court for masterminding an $837 million insurance investment scam that the prosecutor said ranks among the country's worst frauds, alongside Bernie Madoff's and Scott Rothstein's Ponzi schemes....

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