Ex-commodities broker sentenced in Chicago
CHICAGO — A one-time Chicago commodities broker has been sentenced to four years in prison for defrauding a half-dozen people out of around $2.5 million. Their losses totaled some $1.3 million.
A Tuesday news release from the U.S. Attorney's Office says Joshua T.J. Russo was also ordered by a federal judge to pay nearly $1.2 million in restitution.
The 31-year-old Chicagoan is a former vice president of alternative investments for Olympus Futures Inc. He pleaded guilty in November to commodities fraud.
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