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Reddy sentencing today

Tuesday June 19, 2001

A Berkeley real estate tycoon, who admitted he brought Indian teen-age girls into the country for sex, will be sentenced today in an Oakland federal courtroom. 

Lakireddy Bali Reddy, the 63-year-old landlord and restaurateur, faces more than six years in a federal prison for his guilty pleas, which he entered in March as a result of a deal that he struck with prosecutors. 

The sentence was suggested by prosecutors as part of the deal, in which Reddy pled guilty to two counts of bringing minors into the county for immoral purposes, one count of conspiracy to commit immigration fraud and one count of tax fraud. 

Reddy also agreed to pay $2 million in restitution to four of his victims, who were not identified in court documents.