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Cleveland man gets two years in prison for defrauding investors out of $1 million
Victim says retirement savings were 'devastated'
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A Cleveland man was sentenced Thursday, May 10, for defrauding investors out of more than $1 million in timber rights. Elmer Swain Stewart, 67, was given two years in prison for wire fraud with a subsequent three years of supervised release. He is also ordered to pay $218,000 in restitution.