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This week, New York Attorney General Barbara Underwood announced the conviction and sentencing of a Nevada corporation and its CEO on grand larceny and securities fraud, among other charges. Sungame Corporation and its CEO, Neil Chandran, were ordered to cough up more than $2.8 million in restitution to investors of the scheme, or face up to four years in prison.

Source: ‘Free tablet’ scammer will pay $2.8 million for rebate scheme – The Verge

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