Miami Beach developer Michael Stern and one-time government informant is facing up to 10 years in prison and a $250,000 fine after pleading guilty to defrauding Indianapolis Colts linebacker Dwight Freeney out of nearly $3 million, the trade magazine Law360 first reported. However, Stern’s plea agreement calls for prosecutors to seek no more than a four-year sentence and to request that he pay no more than $3 million in restitution to Freeney. Stern allegedly obtained a Wells Fargo debit [more]
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