Source: United States Department of Justice Criminal Division
DENVER – The United States Attorney’s Office for the District of Colorado announces that Michael Shawn Stewart, 63, of Scottsdale, Arizona, was sentenced to a total of 288 months in federal prison and $93,273,838.16 in restitution after being found guilty by a federal jury in May 2024 on 14 counts of wire fraud and one count of conspiracy to commit wire fraud. Co-defendant, Bryant Edwin Sewall, 59, formerly of Little Elm, Texas, was sentenced to 23 years in federal prison in November 2024 after being convicted on the same counts.