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Millionaire Held for Contempt for 10 Years

Wednesday, March 22, 2006 9:17:02 AM
By MARYCLAIRE DALE

PHILADELPHIA (AP) - A millionaire jailed for more than a decade for contempt in his divorce case continues to block efforts to trace his missing assets and should remain jailed, a three-judge panel ruled.

H. Beatty Chadwick, 68, is believed to hold the record for time served in a U.S. civil contempt case.

He was jailed in 1995 for allegedly hiding $2.5 million in overseas banks during a bitter divorce. Since then, a series of judges have told him he could go free once he tells the court what happened to the money, but Chadwick hasn't budged, the judges said.


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