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CLEVELAND--A federal judge has sentenced Terrance Gasper, the former chief financial officer for the Ohio Bureau of Workers' Compensation, to 64 months in prison.
Mr. Gasper's acceptance of bribes in return for handing out bureau investment business came to light as part of a rare-coin investment scandal that surfaced in 2005 and became known as "Coingate."
He pleaded guilty to violating the federal Racketeer Influenced and Corrupt Organizations statute, including extortion under color of authority as well as mail and wire fraud, according to the U.S. Department of Justice.
As part of his sentence imposed Wednesday in Cleveland, Mr. Gasper must pay a $60,405 fine and report June 11 to a federal correctional institution to be designated by the Bureau of Prisons.