 A 60-year-old Midvale man will spend more than two years additional time in prison after he was sentenced in federal court Monday. The U.S. Department of Justice says that this was the second sentencing this year for Chad Leon Sayers. He was convicted after he admitted defrauding hundreds of investors out of $10 million in his smartphone company. In 2021, Sayers was charged in a securities fraud scheme involving his company, American Smartphone Inc., doing business as Sega's.