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From Times Staff and Wire Reports
Former Guinness Chairman on Parole: Ernest Saunders was released after serving 10 months of a five-year sentence for fraud, theft and false accounting. Saunders, 55, who has had health problems, had been moved from Ford Open Prison to a private hospital. Saunders was convicted in August of fraud, theft and false accounting for his part in an illegal share support operation during the company’s $4.1-billion takeover of the Distillers Co. liquor firm in 1986.
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