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Channel: January 28, 2015 | New York Post
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Court takes a $4.5M ‘Wiz’ on defunct chain’s co-founder

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The disgraced co-founder of defunct, but iconic, electronics chain Nobody Beats the Wiz is heading to prison with empty pockets after a federal judge Wednesday ordered him to shell out $4.5 million to victims he fooled to fraudulently obtain bank loans for a bogus business venture. Marvin Jemal, who was sentenced to three years in...

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