A federal judge sentenced Encino jeweler Bryan Shaw to five months in prison Monday for his role in an insider trading scheme with a KPMG accountant that netted him more than $1.6 million in profits over a two-year period.
Shaw, 53, was sentenced by Los Angeles U.S. District Judge George Wu, who shaved a month and a $3,000 fine off the prosecution's recommendation for a six-month sentence.
The jewelry store owner, who was joined by several family members in court, fought through tears to deliver a handwritten apology to Wu before the sentencing.
"I assure you that you will never, ever see me again," Shaw said.
In a written statement sent to the judge...