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Raghuveer Nayak gets 2 years in prison

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Raghuveer Nayak, a Chicago-area businessman and fundraiser to former Illinois Governor Rod Blagojevich and former Representative Jesse Jackson Jr. was sentenced to two years in prison after pleading guilty to fraud charges.

Nayak pleaded guilty last September to charges of healthcare fraud. The Chicago-area businessman faced up to 23 years in prison.

Prosecutors also alleged Nayak offered to raise $1 million for the former governor's campaign if Blagojevich named Jackson to President Barack Obama's old Senate seat. The judge didn't pay much attention to Nayak's role in the Blagojevich campaign when sentencing the Chicago-area businessman.

Nayak was charged with 19-counts of indictment with mail fraud, interstate travel in aid of racketeering and filing false income tax returns 2005 to 2008.

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