NEW YORK  — The former owner of one of the world's biggest commodities brokerages was sentenced today to 10 years in prison for a fraud that cost investors more than $2 billion. Tone N. Grant, 64, of Chicago, was convicted in April in a scheme...

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New York, NY (AHN) - A Manhattan federal court sentenced the former co-owner of commodities brokerage firm Refco Inc. to 10 years in prison on Thursday for defrauding the buyers of the company in 2004. U.S. District Court Judge Naomi Reice...
Former Refco Group Ltd. President Tone Grant, a decorated US Marine Corps veteran, was sentenced to 10 years in prison for defrauding investors of $2.4 billion in an eight-year accounting scheme. US District Judge Naomi Buchwald in Manhattan...
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