American businessman
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Paul Alec Bilzerian is an Armenian-American businessman and former corporate raider. For two years, while he owned a controlling stake, he was the chairman and CEO of Singer Corporation. In 1989, he was convicted on nine felony counts of federal crimes, including criminal conspiracy, making false statements, securities fraud, tax fraud, and securities law violations, and sentenced to four years in prison and a fine of $1.5 million.
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