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An appeal of his 10-year prison term by Michael Segal, the former chief executive of Near North convicted of stealing millions from his company, has been rejected.

But the 7th District U.S. Court of Appeals in Chicago, while upholding Mr. Segal’s prison sentence, did order a rehearing of the $30 million that U.S. District Judge Ruben Castillo ordered Mr. Segal to forfeit when he sentenced him in 2004.

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