Phillip Bennett formerly of Refco was sentenced to 16 years in prison for trying to hide huge losses from the investing public. The debt of $430M of the firm that Bennett controlled that was owed to Refco was hidden when Refco went public. The Yahoo article can be seen here. Andrew Coen reports that prosecutors in Bennetts case have ordered him to pay $2,400,000,000 to the U.S. government as restitution.