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BUSINESS BRIEFING / COURTS

Times Wire Reports

A former vice president at American International Group Inc. has been sentenced to four years in prison in a fraud case that authorities say cost shareholders more than $500 million.

Christian Milton of Winnewood, Pa., was ordered to report to prison March 25.

Milton, 58, was convicted last year of conspiracy, securities fraud, mail fraud and making false statements to the Securities and Exchange Commission.

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