Former Fred Leighton Owner Sentenced to Six Years in Prison

Former owner of Fred Leighton Jewelry, Ralph Esmerian, on February 19, 2007.  Photo credit: Marsaili McGrath/Getty Images

Ralph Esmerian, the former owner and chairman of Manhattan-based luxury jewelry retailer Fred Leighton Holdings Inc., was sentenced in Manhattan federal court to six years in prison for wire fraud, bankruptcy fraud, and concealment of assets in connection with a scheme to