Takeaways by Bloomberg AI
- A father and son were sentenced to years in prison for misleading firms about the prospects of an Arizona sports complex backed by $280 million in municipal bonds.
- The pair pleaded guilty to using fabricated documents to claim their Legacy Park development had deals with professional sports organizations.
- Randy Miller was given six years behind bars and his son, Chad Miller, was given five years, with both agreeing to forfeit millions of dollars as part of their plea deal.
Bloomberg Markets
By Chris Dolmetsch
September 9, 2025