U.S. Financier Vesco Gets 13-Year Term
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A Cuban court convicted fugitive U.S. financier Robert Vesco of economic crimes against the state and sentenced him to 13 years in prison. The verdict and sentence were announced by the state-run Prensa Latina news agency, monitored in Mexico City. Vesco was accused of trying to produce and market a cancer and arthritis drug without the government’s knowledge. Vesco’s Cuban wife was convicted of lesser charges in the case and sentenced to nine years. Vesco settled in Cuba after fleeing the United States 25 years ago to avoid charges that he bilked mutual fund investors of $224 million.
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