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Offshore fraudster Serdar Kalaycioglu jailed for 27 years

Former Canadian Space Agency engineer Serdar Kalaycioglu has been sentenced to 27 years in prison for his role in an offshore banking fraud.
The sentence was delivered on April 26, 2004 by Judge Daniel Hurley at the U. S. District Court for the Southern District of Florida in West Palm Beach and is one of the longest ever handed down for an offshore-related scam.