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Fraudsters Behind Bars for $93M Scam | Tucson News
Sixty-three-year-old Michael Shawn Stewart just got a 24-year federal prison term for running a massive investment fraud that stole tens of millions from unsuspecting victims — and he’s still on the hook for over $93 million in restitution. Alongside his partner Bryant Edwin Sewall, who got 23 years last November, they operated shell companies from the Caribbean, peddling a fake “secret algorithm” for foreign currency trading that promised sky-high returns while hiding crushing losses. Prosecutors say they lied to investors with fabricated account statements — all to fund their luxury…
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