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A Long Island man had pleaded guilty to stealing $3.5 million from investors in a company to develop a powdered form of aspirin that could instantly stop heart attacks and strokes, and using the cash to pay for holidays, divorce payments and a toy race car track he ran.
Donald A. Milne, III, 57, of Massapequa, New York, admitted Monday to ripping off more than 70 investors in his company Instaprin Pharmaceuticals Inc. through a long-running securities fraud.
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