By Jonathan Stempel
NEW YORK (Reuters) – A father-and-son team has been indicted in Manhattan on charges they defrauded investors in a failed Arizona sports complex, causing more than $200 million in losses for Vanguard Group, AllianceBernstein and other municipal bond investors.
Federal prosecutors said Randy Miller, 70, and Chad Miller, 41, were arrested on Tuesday and each charged with securities fraud, wire fraud, conspiracy and aggravated identity theft related to Legacy Park, a sports and entertainment complex in Mesa, Arizona, that collapsed into bankruptcy in May 2023…