Robert Graham, a former senior vice president and assistant general counsel at General Re, has been sentenced to one year in prison for his role in a scheme to inflate the stock price of AIG.

Graham was sentenced to one year in prison and then will receive two years of supervised release. He must also pay a $100,000 fine. He had faced a maximum sentence of up to 210 years in prison.


Graham, along with three other Gen Re executives and one AIG executive, were convicted last year of fraud and other charges for their roles in inflating AIG’s loss reserves in an attempt to improve the company’s stock price. Graham is the last defendant to be sentenced. His five colleagues each received jail time, ranging from one to four years, and each was required to pay a fine, ranging from $150,000 and $250,000.