(Reuters) - The former chief executive of defunct brokerage Sky Capital LLC was sentenced on Thursday in a Manhattan federal court to 12 years in prison for defrauding investors, Manhattan U.S. attorney Preet Bharara said.

Source: http://feeds.reuters.com/~r/Reuters/domesticNews/~3/OruT9TiIOAE/us-skycapital-mandell-idUSBRE84305W20120504
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