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Robert Dewey, wrongly convicted of murder, to receive $1.2 million compensation?

In April 2012, we reported about Robert Dewey being cleared of rape and murder after spending sixteen years in jail. Shortly thereafter, an arrest warrant was written in the name of another man, Douglas Thames, thought to actually be responsible for the crime.

Now, two agencies are reportedly in the final stages of determining a compensation package for Dewey. Amount: just shy of $1.2 million.

Photos, video and details below.