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Former Anaheim mayor sentenced in Angels Stadium corruption probe [Los Angeles Times (CA)]

General Dynamics Corporation (GD) 
Last general dynamics corporation earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.gd.com
federal prison for conduct related to a collapsed deal to sell the team's stadium and other crimes. “[The] defendant did betray the city of Anaheim while he was serving as mayor, and he deleted evidence of that betrayal,” U.S. District Judge John Holcomb said in imposing the sentence. Sidhu, 67, pleaded guilty in 2023 to deleting emails with the intent to impede a federal probe into the stadium deal, making false statements to the FBI and tax fraud related to his purchase of a helicopter. At Friday's sentencing hearing, the judge issued a $55,000 fine along with the prison term. Sidhu is to surrender himself by Sept. 2. Sidhu won office in 2018 on a plank to keep the Angels in Anaheim, where the team leases a city-owned stadium surrounded by antiquated 1960s-era parking lots. To ensure the team's continued presence, he championed a deal to sell the stadium to Angels owner Arte Moreno's development company for $320 million, with Moreno's promise to build an urban village of hom Show less Read more
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