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Offshore promoter Yank Barry convicted of bribery and money laundering

Not even the courtroom presence of boxing legend Muhammad Ali could save offshore investment promoter Yank Barry from being convicted of bribery, conspiracy and money laundering in Texas. Barry, 53, who resides in the Bahamas and also spends time in Grenada, faces up to 70 years in prison and a fine of $2 million when he is sentenced, which is scheduled for November 19, 2001.