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by Mike Caswell

Maroof Miyana, one of those charged alongside Canada's Richard St. Julien for the Forcefield Energy Inc. manipulation, has received just 90 days in jail. The sentence comes despite a request from prosecutors for a term of 6-1/2 years. They said that Mr. Miyana, a former broker, contributed to investor losses totalling millions of dollars after he placed clients into Forcefield in return for undisclosed kickbacks.

Mr. Miyana, 36, received the sentence in an appearance before New York Judge Brian Cogan on Friday, March 24. In addition to the 90-day jail term, the judge ordered Mr. Miyana to serve one year of supervised release. The judge did not publish any reasons for the sentence, but he clearly gave some audience to pleas from Mr. Miyana for leniency.

Ahead of the sentencing, Mr. Miyana claimed that he had suffered plenty already. He had lost his brokerage job and was facing deportation to India, a country he left as a student in 2000. He said that this would be a serious adjustment for him, his wife and two young children.

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