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by Mike Caswell
Yelena Furman, the woman charged alongside fugitive Canadian Myron Gushlak for a 2012 shell scheme, has received 18 months in jail. Florida Judge Cecilia Altonaga imposed the jail term along with a six-month period of house arrest and three years of supervised release. The judge also recommended Ms. Furman for the residential drug abuse program.
The sentence comes as part of a case in which prosecutors claimed that Ms. Furman, 36, helped Mr. Gushlak hide his control over a shell company until he sold it. The shell became Biozoom Inc., a purported biotechnology listing. Others subsequently ran a $34-million pump-and-dump with the stock, the government said. (All figures are in U.S. dollars.) Biozoom went to a $4.50 high in 2013 before the U.S. Securities and Exchange Commission halted it.
Ms. Furman's jail term is contained in a judgment handed down on April 26, 2018. The judge gave Ms. Furman until May 31, 2018, to surrender to the Bureau of Prisons and begin her sentence, andrecommended a prison in the area of Danbury, Conn. (The only federal prison in the area is a 1,200-inmate facility that houses low and minimum security offenders. It is somewhat close to Ms. Furman's family in New York.) The judge put off the payment of restitution, with prosecutors yet to determine an amount.
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