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Mayfair CEO Admits He Swiped $5 Million

MANHATTAN (CN) - Mayfair Capital Group's former CEO Stephen Green pleaded guilty to stealing $5.8 million from investors. Green, 46, of Locust Valley, N.Y., pleaded guilty to two counts of securities fraud. He faces up to 40 years in prison at his March 26, 2010 sentencing.

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