Former Broadway producers sentenced in fraud case

Garth Drabinsky and his business partner Myron Gottlieb, the principals behind the bankrupt Broadway production company Livent, were both sentenced to several years in prison for their roles in a massive accounting and fraud scheme that reportedly bilked theater investors of hundreds of millions of dollars, according to Reuters. Drabinsky received a seven-year sentence, Gottlieb six years. The company was the force behind Broadway musicals “Ragtime” and the revival of “Showboat.”